New YorkKalshi wants nonstop trading on Tesla and Nvidia.
The contracts mimic stock ownership without the insider-trading oversight equities require.
The Commodity Futures Trading Commission, not the Securities and Exchange Commission, regulates Kalshi’s roughly 60 planned contracts, which trade nonstop and never expire.
Citadel Securities, a rival market maker, opposes approval and warns of a shadow market.
Sources: CoinDesk