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#derivatives-vs-gambling News & Analysis

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CryptoNeutralcrypto.news · 1d ago6/10
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Kalshi denies prediction markets are gambling products

Kalshi and the prediction markets industry faced regulatory scrutiny at Consensus Miami 2026, with debates centering on whether these platforms should be classified as regulated financial derivatives or gambling products. The distinction carries significant implications for how prediction markets operate under U.S. law and their broader market legitimacy.

Kalshi denies prediction markets are gambling products