"Kalshi, a US-regulated prediction market platform, won its federal lawsuit against the Commodity Futures Trading Commission (CFTC) over a plan to offer contracts on which party will control each house of Congress after the November election."

"Although the CFTC could appeal, Kalshi, which had been locked out of this year's election betting boom while the case was pending, can now grab a sliver of that action in the last two months before the election."

The political prediction market has been dominated by Polymarket.

Kalshi cleared to offer congressional prediction markets in victory against CFTC

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