{"id":140818,"date":"2024-10-29T10:00:07","date_gmt":"2024-10-29T08:00:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140818"},"modified":"2024-10-29T00:45:36","modified_gmt":"2024-10-28T22:45:36","slug":"robinhood-introduces-election-contracts-for-u-s-citizens-to-bet-on-presidential-race-outcomes","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/robinhood-introduces-election-contracts-for-u-s-citizens-to-bet-on-presidential-race-outcomes\/","title":{"rendered":"Robinhood Introduces Election Contracts for U.S. Citizens to Bet on Presidential Race Outcomes"},"content":{"rendered":"<p><strong><a href=\"https:\/\/newsroom.aboutrobinhood.com\/introducing-the-presidential-election-market\/\" rel=\"nofollow\">Announced<\/a> <\/strong>on October 28, these contracts enable U.S. citizens to speculate on the winner, with payouts scheduled for after Congress certifies the results on January 6, 2025.<\/p>\n<p>Robinhood emphasized its commitment to providing financial opportunities for everyone, regardless of political affiliations, clarifying that the contracts do not imply support for either candidate. This development comes on the heels of a legal victory for the derivatives exchange Kalshi against the U.S. Commodity Futures Trading Commission, which allows it to offer similar contracts to American users.<\/p>\n<p>Each contract is valued at up to $1.00, though its actual worth may vary. Robinhood\u2019s policies restrict participation for certain individuals, including campaign staff and employees of political action committees.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-140719\" href=\"https:\/\/cryptodnes.bg\/en\/donald-trump-advocates-for-eliminating-income-tax-and-proposes-tariffs-on-imports\/\" title=\"Donald Trump Advocates for Eliminating Income Tax and Proposes Tariffs on Imports\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/05\/donald-trump-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Donald Trump Advocates for Eliminating Income Tax and Proposes Tariffs on Imports<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Trading on these presidential election contracts will continue until January 5, 2025. Given the anticipated close nature of the race, with some states likely taking longer to count ballots, the results could mirror the delayed outcome of the 2020 election.<\/p>\n<p>As the election approaches, polls indicate a tight race between Harris and Trump in key battleground states, while funding from crypto advocacy groups is heavily influencing congressional candidate support.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With just eight days left until the U.S. general election on November 5, Robinhood has unveiled new contracts that allow select users to wager on the U.S. election&#8217;s outcome.<\/p>\n","protected":false},"author":9,"featured_media":32896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[424,122],"coin_category":[],"class_list":["post-140818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-crypto","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Robinhood Introduces Election Contracts for U.S. Citizens to Bet on Presidential Race Outcomes<\/title>\n<meta name=\"description\" content=\"With just eight days left until the U.S. general election on November 5, Robinhood has unveiled new contracts that allow select users to...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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