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How CFTC Chairman Michael Selig reversed long-standing policy to authorize perpetual crypto and stock trades on Kalshi and others, despite SEC staff concerns (New York Times)

After a federal regulator allowed wagering on stocks and cryptocurrencies, two powerful trading clearinghouses filed lawsuits saying traders would not be properly protected.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at nytimes.com →

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