6.7 Regulation 田纳西州联邦法院裁定Kalshi受CFTC监管，非州赌博法，为预测市场监管树立关键先例。
田纳西州联邦法院近日作出一系列裁决，为预测市场平台Kalshi带来重大法律胜利。法院阻止州官员以赌博法律对其事件合约进行执法，认为Kalshi的体育赛事合约很可能被归类为《联邦商品交易法》下的掉期（swap），因此应由美国商品期货交易委员会（CFTC）监管，而非州级赌博监管机构。 法院强调，在此情境下，联邦法律可能优先于州法规，且Kalshi无法同时满足州许可要求和联邦监管。这些裁决为Kalshi在诉讼期间提供了临时保护，并凸显了预测市场监管的全国性争议。 此类判决有望为类似平台在美国法律下的监管方式树立重要先例，因联邦与州监管权仍在持续博弈。
Tennessee court ruling on kalshi injunction strengthens federal oversight of sports contracts
Kalshi Wins Court Shield in Tennessee as Fight Over Sports Contracts Intensifies
Tennessee judge issues injunction blocking state move against Kalshi
Preliminary Injunction Shields Kalshi From Tennessee Enforcement Push
Justiça do Tennessee bloqueia ação estadual contra Kalshi
Court Grants Kalshi Injunction, Halts Tennessee Betting Law Enforcement
Kalshi Wins Injunction as Federal Judge Overrides State Challenge
Tennessee judge sides with Kalshi in ongoing sports markets battle
Kalshi Secures Key Ruling as Judge Rejects Tennessee Sports Betting Crackdown
Kalshi Enforcement Halted: Tennessee Court Delivers Pivotal Ruling on Prediction Markets
Federal Judge Blocks Tennessee's Enforcement of Gambling Laws on Kalshi's Contracts
Kalshi wins Tennessee ruling; event contracts under CFTC
