{"id":619,"date":"2024-10-03T07:31:58","date_gmt":"2024-10-03T07:31:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=619"},"modified":"2024-10-03T07:31:58","modified_gmt":"2024-10-03T07:31:58","slug":"wanna-put-your-money-on-trump-or-harris-crypto-based-polymarket-gets-competition-after-kalshi-prevails-in-court-and-resumes-election-betting-contracts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=619","title":{"rendered":"Wanna Put Your Money On Trump Or Harris? Crypto-Based Polymarket Gets Competition After Kalshi Prevails In Court And Resumes Election Betting Contracts"},"content":{"rendered":"<div>\n<p>In a landmark development, prediction market <strong>Kalshi<\/strong> resumed taking bets on the outcome of the congressional elections after an appeals court lifted a ban on the platform\u2019s operations by the CFTC.<\/p>\n<p><strong>What Happened<\/strong>: The U.S. Court of Appeals for the District of Columbia denied the motion by the CFTC to halt the platform from offering legalized bets while the agency\u2019s <a href=\"https:\/\/www.benzinga.com\/news\/24\/09\/40760283\/betting-on-u-s-elections-federal-judges-decision-greenlights-political-wagers\">appeal of the case it lost to Kalshi in a lower court last month<\/a> is pending.<\/p>\n<p>Kalshi founder <strong>Tarek Mansour<\/strong> took to X to share the news, saying \u201cU.S. presidential election markets are legal. Officially. Finally.\u201d<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">US presidential election markets are legal. Officially. Finally. <\/p>\n<p>Kalshi prevails. <a href=\"https:\/\/t.co\/jvObcQDczz\">pic.twitter.com\/jvObcQDczz<\/a><\/p>\n<p>\u2014 Tarek Mansour (@mansourtarek_) <a href=\"https:\/\/twitter.com\/mansourtarek_\/status\/1841485986271760709?ref_src=twsrc%5Etfw\">October 2, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async ...><\/p>\n<p><a href=https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41158370\/wanna-put-your-money-on-trump-or-harris-crypto-based-polymarket-gets-competition-after-kal alt=Wanna Put Your Money On Trump Or Harris? Crypto-Based Polymarket Gets Competition After Kalshi Prevails In Court And Resumes Election Betting Contracts>Full story available on Benzinga.com<\/script><\/div>\n<\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In a landmark development, prediction market Kalshi resumed taking bets on the outcome of the congressional elections after an appeals court lifted a ban on the platform\u2019s operations by the CFTC. What Happened: The U.S. Court of Appeals for the District of Columbia denied the motion by the CFTC to halt the platform from offering [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-619","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=619"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/619\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}