Kalshi's CEO on Washington's Battle Over Prediction Markets

Also, in his first public appearance as SEC chairman, Atkins weighs in on crypto, staff departures and the agency's independence

Friday Q and A: Not so long ago, few people in Washington had heard of prediction markets. Now they’re exploding, allowing Americans to bet on everything from elections and Fed rate cuts to tomorrow’s weather and the identity of the next pope. For policy makers, the rapid growth raises some pressing questions: When do the trades cross the line from inve…