|Election Coverage 2024

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U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court

The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.

By Nikhilesh De|Edited by Bradley Keoun

Updated Sep 19, 2024, 10:09 p.m. Published Sep 19, 2024, 10:06 p.m.

Kalshi is trying to launch U.S. political prediction markets ahead of the 2024 election. (Pete Kiehart for The Washington Post via Getty Images)