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Morning Edition · Saturday, August 29, 2026Published at 1:48 AM EDT · New York
Ninth Circuit Rules Nevada Can Regulate Kalshi's Sports Event Contracts as Gambling
The unanimous panel found that the Commodity Exchange Act does not preempt state gambling law, creating a split with the Third Circuit that points toward the Supreme Court.
A three-judge panel of the Ninth Circuit Court of Appeals ruled unanimously that Nevada gaming regulators may oversee the prediction market Kalshi, rejecting the company's argument that only federal regulators have authority over event cont…
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Regulatory Perimeter for Crypto Hardens in EU and US
Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.
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