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Connecticut judge bars enforcement against Kalshi pending injunction hearing

Regulation

A Connecticut District Court judge ordered the state Department of Consumer Protection not to enforce its action against Kalshi while the court considers the company’s request for a preliminary injunction. The order allows Kalshi to keep offering its contracts through at least 12 February, when the judge will hear arguments; the department’s response is due by 9 January.

The order lets Kalshi continue offering contracts in Connecticut while its challenge to the regulator proceeds.

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