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Policy
US Regulatory Agency Takes Wisconsin to Court Over Prediction Market Dispute
The Commodity Futures Trading Commission has added Wisconsin to its list of defendants in a series of lawsuits aimed at establishing the agency's jurisdiction over prediction markets. This move comes as several states, including Wisconsin, have taken legal action against companies such as Kalshi and Crypto.com, alleging violations of state gaming laws due to betting activities on their platforms.…
April 28, 2026, 6:22 p.m.
Policy
US Commodity Futures Trading Commission Takes Wisconsin to Court Over Prediction Market Authority
The US state of Wisconsin is the latest to be sued by the Commodity Futures Trading Commission in its ongoing effort to assert its authority over prediction markets. This move is part of a broader campaign by the agency to defend its jurisdiction over event contract trading on platforms such as Kalshi and Crypto.com. Several states have taken legal action against these businesses, alleging violat…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court Over Prediction Markets
The US Commodity Futures Trading Commission has expanded its legal campaign to defend its authority over prediction markets by suing Wisconsin, which recently took action against companies such as Kalshi and Crypto.com for allegedly operating unlicensed gaming operations. This move follows similar lawsuits against other states, including New York, as the CFTC asserts its exclusive jurisdiction ov…
April 28, 2026, 6:22 p.m.
Policy
US Regulator Takes Wisconsin to Court Over Prediction Market Authority
The US Commodity Futures Trading Commission has expanded its legal battle to assert its authority over prediction markets, with Wisconsin becoming the latest state to be sued. This move is part of a broader effort by the agency to establish its jurisdiction over event-contract trading, which it believes falls under its regulatory purview. Several states, including New York, Arizona, Illinois, and…
April 28, 2026, 6:22 p.m.
Policy
US Regulator Takes Wisconsin to Court Over Prediction Markets
The US Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for attempting to exert control over prediction markets, which the agency claims falls under its jurisdiction. Several states, including New York, Arizona, Illinois, and Connecticut, have targeted firms like Kalshi and Crypto.com, alleging violations of state gaming laws due to betting activities on t…
April 28, 2026, 6:22 p.m.
Policy
US Regulator Takes Wisconsin to Court Over Prediction Markets Dispute
The US Commodity Futures Trading Commission has added Wisconsin to its list of defendants in a series of lawsuits aimed at establishing the agency's jurisdiction over prediction markets. This move comes as several states, including Wisconsin, have taken legal action against companies such as Kalshi and Crypto.com, alleging violations of state gaming laws. However, CFTC Chairman Mike Selig argues …
April 28, 2026, 6:22 p.m.
Policy
CFTC Takes Wisconsin to Court in Ongoing Battle for Control Over Prediction Markets
The U.S. state of Wisconsin is now a defendant in a lawsuit filed by the Commodity Futures Trading Commission, which is fighting to establish its jurisdiction over prediction markets operated by firms like Kalshi and Crypto.com. Several U.S. states, including New York, have launched their own lawsuits against these businesses, alleging violations of state gaming laws due to betting activities o…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Agency Takes Wisconsin to Court Over Prediction Market Dispute
The US state of Wisconsin has become the latest target of a lawsuit filed by the Commodity Futures Trading Commission, which is seeking to establish its jurisdiction over prediction markets operated by companies such as Kalshi and Crypto.com. This move is part of a broader effort by the CFTC to push back against states that have been attempting to regulate these markets under their own gaming l…
April 28, 2026, 6:22 p.m.
Policy
US Commodity Futures Trading Commission Takes Wisconsin to Court Over Prediction Market Authority
The Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for attempting to exert jurisdiction over event-contract trading, following similar lawsuits against New York. Several states have taken action against firms like Kalshi and Crypto.com, alleging violations of state gaming laws due to betting activities on their platforms. However, CFTC Chairman Mike Seli…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court Over Prediction Market Dispute
The US Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for attempting to exert jurisdiction over prediction markets, which the agency claims falls under its regulatory purview. This move is part of a broader effort by the CFTC to assert its dominance in overseeing the trading of event contracts, a form of derivatives that the agency has traditionally regu…
April 28, 2026, 6:22 p.m.