CFTC orders Kalshi to keep its exchange operating amid New York case
The Commodity Futures Trading Commission ordered Kalshi to continue operating its exchange under normal practices as New York seeks to stop the company from offering event contracts. The CFTC said the state’s requested restrictions could disrupt trading beyond New York; state regulators allege Kalshi offers unlicensed sports betting.
The order affects Kalshi’s ability to maintain event-contract trading while the state’s legal challenge proceeds.