Ninth Circuit Rejects Kalshi Emergency Stay, Nevada Enforcement Action May Begin

Kalshi, a federally regulated prediction-market exchange, has suffered another legal setback after the Ninth Circuit Court of Appeals rejected its emergency request for an administrative stay. The decision clears the way for Nevada regulators to begin civil enforcement action against the company, potentially as early as today. Legal experts say a temporary restraining order (TRO) […] Read The Full Article Ninth Circuit Rejects Kalshi Emergency Stay, Nevada Enforcement Action May Begin On Coin Edition.