Who gets to block your Kalshi bets? Washington just escalated the fight

Poin penting

• United States derivatives exchanges are currently facing a comply-or-explain demand from regulators.
• At the same time, separate court decisions have left the issue of Kalshi's nationwide market access unresolved.
• Washington authorities have escalated this legal dispute, creating ongoing uncertainty around who possesses the authority to block specific bets on the platform for users across the country.

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