X @Wu Blockchain

Connecticut has issued cease-and-desist orders to Kalshi, Robinhood and Crypto com, accusing them of operating unlicensed online sports betting through event-based contracts. The firms were ordered to immediately stop offering or promoting such services to state residents. Robinhood and Kalshi argue their products are federally regulated by the CFTC. https://t.co/dwVUSjxEeG ...