[CFTC Supports Kalshi Against Ohio, Jurisdiction Dispute Over Prediction Markets Continues to Escalate] Odaily Planet Daily News – The U.S. Commodity Futures Trading Commission (CFTC) has submitted an amicus brief to the U.S. Sixth Circuit Court of Appeals in support of the prediction market platform Kalshi, countering a lawsuit previously filed by the state of Ohio. Ohio argues that Kalshi's prediction market operations constitute unlicensed sports betting, while the CFTC contends that such markets fall under federal regulatory jurisdiction, and state governments have no authority to intervene. CFTC Chairman Michael Selig stated that the Ohio district court's prior interpretation of the CFTC's jurisdiction was "overly narrow" and hopes the appellate court will correct this. In recent months, the CFTC has filed lawsuits against states including Wisconsin, Illinois, Arizona, Connecticut, and New York to uphold its regulatory authority over prediction markets. As platforms like Kalshi and Polymarket gain traction, the dispute over regulatory boundaries between federal and state governments continues to intensify.