CFTC invokes emergency powers to keep Kalshi operating in New York fight

CryptoInfo Editorial Team · Published on August 12, 2026 at 04:53 · Updated on August 12, 2026 · 1 min read

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Key Takeaways

→The CFTC has invoked emergency powers to keep Kalshi operating.
→The move is part of a jurisdictional fight over event contracts.
→The dispute is about whether states can treat federally regulated contracts as illegal gambling.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

The Commodity Futures Trading Commission (CFTC) has invoked emergency powers to keep Kalshi operating, as reported by CoinTelegraph. This move escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.

The dispute is part of a larger issue of states' rights versus federal regulation, with the CFTC claiming authority over certain types of contracts. The emergency order is the latest development in this ongoing fight between the CFTC and the state of New York.

Source: CoinTelegraph ↗