精选75The Defiant（RSS）加密货币多源精选 ×8
第九巡回法院裁定Kalshi体育合约非掉期，与第三巡回法院分歧
Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit
推荐理由
监管裁定落地，直接影响预测市场合规框架，建议关注Kalshi及同类平台后续监管动态与跨州法律风险。
The Ninth Circuit ruled Friday that Kalshi's sports event contracts are not swaps under the Commodity Exchange Act, clearing the way for Nevada to enforce its gaming laws against the prediction market. The decision turns on a single question with large commercial stakes: if the contracts are swaps,... Read the full story at The Defiant
更进一步：量化金融体系
看懂新闻只是起点——沿量化金融路径，把它变成能交付的工程能力