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Deep & Emerging Tech·August 12, 2026·1 min read

Federal Government Demands That Kalshi Keep Operating in New York State Despite Lawsuit

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Forcing a prediction market like Kalshi to keep operating amid litigation shows regulators are treating these platforms as infrastructure, not toys. If you’re building around event markets or on-chain prediction, expect tighter oversight but also a clearer path to being treated as a regulated venue rather than a gray-area app.