A federal judge in Connecticut has granted the company a pause on enforcement actions from state authorities, effectively halting the regulator’s attempt to shut down its operations within the state. He directed the Connecticut Department of Consumer Protection (DCP) to halt all enforcement actions against Kalshi while the court reviews the company’s request for preliminary relief. It also plans to expand into crypto futures, options, and perpetual contracts, solidifying DCM’s status as the gold standard for operating a legal prediction market in the U.S.
Author: Ishika Kumari
Published at: 2025-12-11 22:00:36
Still want to read the full version? Full article
