news
Federal judge temporarily halts Tennessee's bid to shut down Kalshi sports contracts
📰 sources⭐ 9.0
TL;DR:
A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development could influence ETH price action and market sentiment in the near term.