The tweet was deleted by the author.
But we saved everything 🙂.
Laura Shin: CFTC regulation distinguishes derivatives from gambling on Kalshi, Polymarket
Laura Shin highlights comments by Sam stating that platforms like Kalshi or Polymarket, when operating as CFTC-regulated designated contract markets, are not required to obtain a gambling license or adhere to state gambling rules.
According to the tweet, this is because such activities are considered derivatives trading rather than gambling.
Shin has previously covered user concerns over crypto market volatility and trading fees, noting Coinbase One’s 20% discount and a $50 BTC offer in a recent article. She also reported that NEAR developed its sharded blockchain design independently after an unsuccessful funding pitch to the Ethereum Foundation, according to past coverage. These reports reflect a continued focus on regulatory clarity and industry responses.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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