Kalshi’s SCOTUS Pregame: Wait for the CFTC to Rewrite the Rules

Crypto Insight Summary: New Jersey asked the Supreme Court on Sept. 2 to step in as the Third and Ninth Circuits produced a split on whether states can regulate sports bets offered on a federally registered exchange. Kalshi’s answer, delivered by three executives before any brief is filed, is that the conflicting decision rests on a regulation the […] Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: The Kalshi case is unrelated to crypto markets and unlikely to affect investor sentiment or trading volumes.