Welcome to the world of financial betting, America. In a groundbreaking decision, the startup Kalshi has emerged victorious in its fight to allow people to wager on which party will control Congress in the upcoming year. District Judge Jia Cobb in Washington sided with Kalshi, overturning the decision made by the Commodity Futures Trading Commission to ban such bets.
This ruling opens up a new frontier in financial markets, offering individuals the opportunity to test their political predictions. Whether you’re a political junkie or just looking to add some excitement to your portfolio, this development is sure to make waves in the industry.
Stay tuned for more updates on this story and get ready to place your bets on the future of Congress.