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Policy
US Regulator CFTC Takes Wisconsin to Court Over Prediction Market Control
The US Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for attempting to regulate event-contract markets, following similar actions against New York. Several states have taken legal action against companies like Kalshi and Crypto.com, alleging they are violating state gaming laws through their betting operations. However, CFTC Chairman Mike Selig has led …
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Agency Takes Wisconsin to Court Over Prediction Market Oversight
The US Commodity Futures Trading Commission has added Wisconsin to its list of defendants in a series of lawsuits aimed at defending its jurisdiction over prediction markets. This move comes as several states, including New York, have attempted to regulate or shut down firms like Kalshi and Crypto.com for allegedly violating state gaming laws. CFTC Chairman Mike Selig has been leading the charge,…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court in Ongoing Dispute Over Predictive Market Oversight
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 Rostin Behnam's pr…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court Over Prediction Market Control
The US state of Wisconsin is the latest to be sued by the Commodity Futures Trading Commission in an ongoing effort to establish the agency's jurisdiction over prediction markets, which involve trading at companies such as Kalshi and Crypto.com. This move comes as several states, including New York, have taken action against these businesses, alleging violations of local gaming laws due to bett…
April 28, 2026, 6:22 p.m.
Policy
US Regulator Takes Wisconsin to Court in Ongoing Battle for Control of Prediction Markets
The US state of Wisconsin has become the latest to be sued by the Commodity Futures Trading Commission in an escalating dispute over the agency's authority to regulate prediction markets. This move comes as the CFTC asserts its jurisdiction over trading platforms such as Kalshi and Crypto.com. Several states, including New York, Arizona, Illinois, and Connecticut, have previously attempted to enf…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court Over Prediction Markets Oversight
The US Commodity Futures Trading Commission has added Wisconsin to its list of defendants in a series of lawsuits aimed at asserting the agency's jurisdiction over prediction markets. This move comes as several states, including New York, have attempted to crack down on companies such as Kalshi and Crypto.com for allegedly violating state gaming laws through their trading activities. CFTC Chairma…
April 28, 2026, 6:22 p.m.
Policy
US Regulatory Body Takes Wisconsin to Court Over Prediction Market Control
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April 28, 2026, 6:22 p.m.
Policy
US Regulator CFTC Takes Wisconsin to Court Over Prediction Market Oversight
The US Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for attempting to exert control over prediction market trading, which the agency claims falls under its exclusive jurisdiction. This move is part of a broader effort by the CFTC, led by Chairman Mike Selig, to defend its regulatory authority against states that have accused firms like Kalshi and Crypt…
April 28, 2026, 6:22 p.m.
Policy
CFTC Takes Wisconsin to Court in Ongoing Battle for Control of Prediction Markets
The Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for challenging the agency's jurisdiction over prediction markets, which are offered by companies such as Kalshi and Crypto.com. Several states, including New York, have taken action against these firms, alleging they are violating state gaming laws through the betting taking place on their platforms. …
April 28, 2026, 6:22 p.m.
Policy
US Regulator Takes Wisconsin to Court Over Prediction Markets Dispute
The Commodity Futures Trading Commission has added Wisconsin to its list of states being sued for attempting to assert jurisdiction over prediction markets, a move that is part of a broader effort to defend its authority in this area. Several states, including New York, have recently taken action against companies such as Kalshi and Crypto.com, accusing them of violating state gaming laws through…
April 28, 2026, 6:22 p.m.