Kalshi's path through the CFTC in the United States isn't easy; going overseas encounters even stricter and more normal regulations.

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CryptoFrontier
CFTC Sues New York as 38 AGs Back Kalshi Prediction Market Case
On Friday, New York Attorney General Letitia James joined a bipartisan coalition of 37 other attorneys general urging Massachusetts' top court to uphold a preliminary injunction against Kalshi, while the CFTC simultaneously filed a lawsuit against New York to block state enforcement against CFTC-reg
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