# FintechLaw

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#KalshiFacesNevadaRegulatoryClash
* **Kalshi’s Stance:** Backed by the **CFTC**, Kalshi argues that its event contracts (on elections, sports, and economic data) are "swaps" under federal law. They claim exclusive federal jurisdiction, meaning state gambling laws shouldn't apply to their federally licensed platform.
* **Nevada’s Stance:** The **Nevada Gaming Control Board** maintains that if it looks like a bet and acts like a bet, it’s gambling. They insist Kalshi cannot operate in the "Silver State" without a traditional state gaming license.
Recent Legal Developments (April 2026)
*The N
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⚖️ #USCourtRejectsKalshiInjunctionRequest
A U.S. federal court has denied an injunction request filed by Kalshi, a regulated prediction market platform, in its ongoing dispute with the U.S. Commodity Futures Trading Commission (CFTC). The decision means the contested regulatory restrictions will remain in place while the broader legal battle continues.
Kalshi had sought the injunction to temporarily block enforcement actions that could limit certain event-based contracts on its platform. The company argues that prediction markets offer valuable economic insights and operate within a lawful fra
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Yusfirah:
To The Moon 🌕
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