Washington Judge Rejects Kalshi’s Federal Defense, Grants State Injunction

AI Summary A Washington state judge has granted a preliminary injunction against Kalshi after rejecting its argument that federal commodities law overrides state gambling rules. The court found Washington is likely to prove its claims, but will not finalize the restrictions imposed on the prediction market until August.   Court Says Federal Registration Does Not Displace State […] fulltext: 383 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/washington-judge-rejects-kalshis-federal-defense-grants-state-injunction/ Source: Bitcoin.com News