North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets
The state's budget law leaves oversight of Kalshi and Polymarket to the CFTC and taxes them at 6%, far below what other states are pursuing.
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The 6% levy on prediction-market fee revenue sits beside a simultaneous 18%-to-23% sports-betting tax hike; Illinois, by contrast, folded such platforms into licensing rules Kalshi is challenging in court.
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