CFTC Drops Appeal in Kalshi Election Betting Case

The U.S. Commodity Futures Trading Commission (CFTC) has dropped its appeal in its case against Kalshi, a New York-based prediction market, according to a Monday court filing, finally clearing the way for the platform to offer political event contracts.Under the conditions of the motion for voluntary dismissal, which is still subject to court approval, both parties will pay their own legal costs and Kalshi waives any right to sue the CFTC for the litigation source: https://www.coindesk.com/policy/2025/05/06/cftc-drops-appeal-in-kalshi-election-betting-case