A recent federal appeals court decision involving New Jersey and prediction market platform Kalshi is sharpening the regulatory lines around event-based derivatives in the U.S. crypto and digital asset ecosystem. While Kalshi itself is not a blockchain-native platform, the ruling…
Why did Nevada extend its ban against Kalshi markets?
A Nevada judge has expanded restrictions on prediction market operator Kalshi, sharpening a growing jurisdictional clash over whether event contracts are regulated as derivatives or as gambling products. While the dispute is framed as a gaming issue at the state…