Published Jul 14, 2026, 2:32 PM ET · Updated 4 months ago · 3 sources

THE BLOCK: CFTC tells Kalshi to honor trades involving Michigan residents despite the state's attempt to force the prediction markets platform to cancel them. On June 29, a Michigan judge ordered Kalshi to stop offering sports-related event contracts and to unwind certain existing trades.

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Original Report

THE BLOCK: CFTC tells Kalshi to honor trades involving Michigan residents despite the state's attempt to force the prediction markets platform to cancel them. On June 29, a Michigan judge ordered Kalshi to stop offering sports-related event contracts and to unwind certain existing trades.