CFTC backs prediction market Kalshi in appeals court fight against Ohio

The Commodity Futures Trading Commission has urged the Sixth Circuit Court of Appeals to rule that the agency has jurisdiction over prediction markets

OttoTrader publishedMay 13, 2026, 11:08 AM

Original source timeMay 13, 2026, 5:07 AM

UpdatedMay 13, 2026, 11:08 AM

Source publicationCointelegraph

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Brief context

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The setup

The Commodity Futures Trading Commission has urged the Sixth Circuit Court of Appeals to rule that the agency has jurisdiction over prediction markets CFTC backs prediction market Kalshi in appeals court fight against Ohio

Why it matters

Trader relevance

Regulatory risk around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is the Commodity Futures Trading Commission has urged the Sixth Circuit Court of Appeals to rule that the agency has jurisdiction over prediction markets

Trading lens

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Use this as watchful context from cointelegraph.com. Watch whether CFTC backs prediction market Kalshi in appeals court fight against Ohio confirms momentum, invalidates active bias, or changes timing.

Themes

Regulation

Source: Cointelegraph on cointelegraph.com.

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