Michigan court orders Kalshi to geofence sports contracts or pay daily penalties.
Kalshi must block Michigan users from sports event contracts under a preliminary injunction. The platform is required to use a state-licensed geolocation provider for enforcement. Noncompliance triggers a five hundred thousand dollar fine each day. The state order also imposes an FCM notice duty. CryptoSlate coverage states that the ruling leaves the broader federal jurisdiction fight unresolved. Federal appeals courts remain split on preemption questions. The details come from the public posts and linked source reporting on the Kalshi Michigan injunction.
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Michigan court orders Kalshi to geofence sports contracts or pay daily penalties.
Kalshi must block Michigan users from sports event contracts under a preliminary injunction. The platform is required to use a state-licensed geolocation provider for enforcement. Noncompliance triggers a five hundred thousand dollar fine each day. The state order also imposes an FCM notice duty. CryptoSlate coverage states that the ruling leaves the broader federal jurisdiction fight unresolved. Federal appeals courts remain split on preemption questions. The details come from the public posts and linked source reporting on the Kalshi Michigan injunction.
CryptoSlate@CryptoSlateKalshi must block Michigan users from sports event contracts under a preliminary injunction. It must use a state-licensed geolocation provider or face $500,000 for each day of noncompliance. The state order leaves the broader federal jurisdiction fight unresolved.
CryptoSlate@CryptoSlateKalshi must block Michigan users from sports event contracts under a preliminary injunction. It must use a state-licensed geolocation provider or face $500,000 for each day of noncompliance. The state order leaves the broader federal jurisdiction fight unresolved.
