Kalshi Wins Temporary Reprieve in Tennessee Regulatory Dispute
Prediction market Kalshi has secured a temporary victory in its dispute with Tennessee regulators. A federal judge has blocked state regulators from taking action against the platform, allowing Kalshi to continue operating in Tennessee for the time being. This development follows a lawsuit filed by Kalshi against the state. The specific details of the regulatory actions and the lawsuit remain undisclosed, but the court's decision provides temporary relief for the platform's operations within the state.
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