Kalshi’s fight with Nevada is a question of federalism, and the language of the Commodities Exchange Act (CEA) is clearly in its favor says crypto attorney Aaron Brogan.
The partnership will see the crypto exchange introduce physical and digital debit cards users will be able to use to spend their cryptocurrency throughout the world.
“For investors, the short-term outlook calls for caution, while a further drop to $70,000–$75,000 for Bitcoin is possible if trade tensions escalate,” one trader said.