Kalshi has suspended its plans to introduce betting on NCAA athlete transfers following criticism from NCAA President Charlie Baker, who labeled the proposal a potential harassment risk to student athletes. The decision comes as Kalshi seeks approval from the Commodity Futures Trading Commission (CFTC) and aims to adhere to federal regulations, including Countering the Financing of Terrorism guidelines. Despite the halt, Kalshi continues to support risk-on assets while navigating the complex regulatory landscape.
Kalshi Suspends NCAA Athlete Transfer Betting Plans Amid Criticism
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