World · Regulation · United States ·
New Jersey files Supreme Court petition in Kalshi prediction market case
New Jersey filed a petition for a writ of certiorari with the US Supreme Court in its case against Kalshi, a prediction market platform. The move escalates the legal dispute over crypto-based derivative trading to the nation's highest court.
Why it matters for the crypto market
A landmark Supreme Court review of prediction markets could establish precedent for crypto derivatives regulation across the US.
Source: CoinDesk
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