Lessons from Kalshi for Crypto Banking Startups in Asia
Kalshi has made quite the name for itself in the prediction market, taking a whopping 62% of the global volume, particularly during the NFL season. But it’s not all smooth sailing – the rapid rise comes with its fair share of regulatory hurdles that could influence the future of similar platforms. For crypto banking startups in Asia, Kalshi’s journey serves as an essential case study in navigating complex regulatory waters. This article dives into the lessons learned from Kalshi’s ascent, highlighting the significance of compliance, strategic partnerships, and proactive risk management. As the crypto landscape shifts, understanding these dynamics will be vital for startups aiming to carve out a space in this increasingly competitive…