An appeals court rules states can regulate prediction markets, finding
An appeals court rules states can regulate prediction markets, finding Kalshi's sports event contracts are bets, not swaps, and subject to state gambling laws
TL;DRCourt says states can regulate prediction markets as gambling, not financial derivatives.
Why it matters: Creates legal uncertainty for prediction market platforms; Supreme Court may need to settle conflicting rulings on regulatory authority.
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TL;DRLeaked Nvidia DLSS 5 tech is now working in multiple games thanks to modders.
Shares of French quantum computing company Pasqal closed up 95%
TL;DRFrench quantum company Pasqal nearly doubled in value on its first trading day via SPAC merger.
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