4 place 0 fresh

60 Appeals court blocks New Jersey from shutting down Kalshi's sports markets

CoinDesk
Nikhilesh De @ CoinDesk 3 place · today 12:10 EDT

Appeals court blocks New Jersey from shutting down Kalshi's sports markets

The Third Circuit Court of Appeals ruled that New Jersey could not bring an enforcement action against Kalshi, finding that the federal Commodity Exchange Act preempted state gambling laws.

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