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CFTC gives prediction markets 30 days to justify or remove geographic restrictions

Regulation

The US CFTC gave markets under its supervision 30 days from its 5 November announcement to remove domestic geographic restrictions or explain why they cannot do so. The direction does not legalise all prediction contracts or override court orders; on 4 November, a federal judge ordered Kalshi to stop offering sports contracts in territories of the Indigenous communities that brought the case.

Prediction-market operators face competing federal access requirements and a court-ordered restriction affecting Kalshi in specified territories.

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