The U.S. Commodity Futures Trading Commission (CFTC) has sued New Mexico officials to stop the state’s gaming laws from being applied to prediction market contracts.
According to NS3.AI, New Mexico charged Kalshi last week and said the platform lacked a license.
CFTC Chair Michael Selig said the state’s action challenges federal jurisdiction over federally regulated derivatives exchanges.
CFTC Sues New Mexico Officials Over State Gaming Laws Applied to Kalshi Contracts
2026-06-12 21:27:39
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
