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Kalshi, a US-based prediction market company, has received approval from the US government to operate as a clearinghouse. This approval marks a significant milestone for prediction markets in the United States, as Kalshi becomes one of the rare regulated clearinghouses in the country. The Commodity Futures Trading Commission (CFTC) granted this definitive legal approval, highlighting the growing acceptance and importance of prediction markets in the financial sector. Kalshi is now recognized as the only regulated US prediction market, positioning the United States as a leader in the prediction market space.
The CFTC needs to take action and approve applications by quality U.S. companies seeking to offer election prediction market hedging options to investors. My full statement below: https://t.co/UQjci0EoeU
It's been quite a feat for @mansourtarek_ to have his company Kalshi receive definitive legal approval from the CFTC for prediction markets in the US. Feels like the beginning of rideshare being accepted throughout the US as governments realize how powerful and important they… https://t.co/q2PzliC2qd
Prediction markets in the United States just received a key regulatory license. Kalshi, the only regulated US prediction market, will now be operating a clearinghouse alongside their exchange. We continue to view prediction markets as the best indicator for financial events… https://t.co/kimZouPS34