Betting-style odds blur the line between a regulated derivatives contract and a sports wager, the exact distinction now in dispute.
A Kalshi spokesperson confirmed the exchange will meet the CFTC's deadline, calling itself a federally regulated exchange.
Bettors Insider reported that as of the Friday deadline, several platforms had not yet updated their odds displays.
Whether the CFTC escalates to formal enforcement against platforms that keep sportsbook-style odds after the deadline.
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