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Kalshi CEO Says State-Led Oversight of U.S. Prediction Markets Would Push Them Out

Summary by Coin Desk
CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regulate prediction markets.

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Tarek Mansour, CEO of Kalshi, believes that the judicial battle over predictive markets in the United States could determine whether this industry continues to develop within the country or ends up moving abroad. While state regulators question the legality of sports contracts, the company argues that these instruments should remain under federal supervision. The executive also responded to allegations of alleged irregularities in Bitcoin and Et…

Tarek Mansour, CEO of Kalshi, said the dispute over forecasting markets can define whether the sector stays in the US or migrates abroad

Kalshi's CEO, Tarek Mansour, warns that entrusting States with the regulation of US forecasting markets would push the entire sector out of the country, to offshore. Mansour spoke on October 14, 2026. Kalshi and the federal authorities are contesting the states' arguments, according to which contracts on the platform's sporting events amount to [...]

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BizToc broke the news on Wednesday, October 14, 2026.
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