Connecticut DCP agrees to delay enforcement against Kalshi
The Connecticut Department of Consumer Protection and Kalshi agreed to a court-approved schedule delaying enforcement of the regulator’s cease-and-desist while the company challenges it. The DCP must respond to Kalshi’s preliminary injunction motion by 9 January, with a hearing set for 12 February; the order concerns Kalshi, while the regulator said it could not comment on a similar timeline for Robinhood and Crypto.com because of pending litigation.
The schedule gives Kalshi time to pursue its challenge before enforcement while the court considers the dispute over sports event contracts.