The U.S. CFTC is proposing a formal rule to classify certain event contracts traded on platforms like Kalshi as swaps, bringing them under the agency’s oversight. The move comes amid an ongoing legal battle over such contracts.
The U.S. CFTC is proposing a formal rule to classify certain event contracts traded on platforms like Kalshi as swaps, bringing them under the agency’s oversight. The move comes amid an ongoing legal battle over such contracts.