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  3. Kalshi takes legal blow in court ruling confirming state powers over prediction markets

CoinDesk

Kalshi takes legal blow in court ruling confirming state powers over prediction markets

This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.

J

By Jesse Hamilton

28 August 2026|1 min read|CoinDesk
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Blockchain & Crypto Assets
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
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Industry Events

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© 2026 Industry Events Worldwide. All rights reserved.

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