← The Brief·2026-09-02 edition

A court decision just opened the door for states to regulate Kalshi/Polymarket-style apps as gambling, and traders are scrambling for clarity.

The format

Talking-head legal explainer breaking down what changes state by state.

  • Map graphic: 'Can you still trade in your state?'
  • React on camera to the ruling with your blunt take
  • Interview a prediction-market trader about how this hits them
finance·crypto·legal commentaryReddit