Judge bars Arizona regulating prediction market, pause prosecution of Kalshi
12 points
1/21/1970
15 hours ago
by 1659447091
Comments
mikestew
Key point to explain why states aren't being allowed to regulate gambling (oh, pardon me, "financial markets"):
"President Donald Trump’s eldest son is an adviser for both Kalshi and Polymarket and an investor in the latter. Trump’s social media platform Truth Social is also launching its own cryptocurrency-based prediction market called Truth Predict."
Key point to explain why states aren't being allowed to regulate gambling (oh, pardon me, "financial markets"):
"President Donald Trump’s eldest son is an adviser for both Kalshi and Polymarket and an investor in the latter. Trump’s social media platform Truth Social is also launching its own cryptocurrency-based prediction market called Truth Predict."