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Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In its latest move to assert nationwide regulatory control, the US Commodity Futures Trading Commission has filed a lawsuit against New York, arguing that the state's efforts to curb prediction market firms infringe on its federal authority. This development comes after New York recently took legal action against Coinbase and Gemini, alleging that their prediction market contracts breach state ga…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In a recent development, the US Commodity Futures Trading Commission has filed a lawsuit against New York, marking the latest move in its efforts to assert its regulatory authority over prediction market firms nationwide. This action comes after New York sued major cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts contravened state gambling laws. The st…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In its latest move to assert nationwide regulatory control, the US Commodity Futures Trading Commission has filed a lawsuit against New York, seeking to block the state's efforts to curb prediction market operations. This action follows New York's recent lawsuit against Coinbase and Gemini, alleging their prediction market contracts breached state gaming laws. Last year, the state also targeted K…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In its latest move to assert nationwide regulatory control, the US Commodity Futures Trading Commission has filed a lawsuit against New York. This action is part of a broader effort to shield prediction market firms from state-level interference. The lawsuit follows New York's recent legal actions against major cryptocurrency exchanges, arguing that their prediction market contracts violate state…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Markets Dispute
In its latest move to assert nationwide regulatory control, the US Commodity Futures Trading Commission has filed a lawsuit against New York. The suit aims to protect the agency's authority over prediction market firms, which it believes should be regulated at the federal level rather than by individual states. This development comes after New York took legal action against several companies, inc…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In its latest move to assert nationwide regulatory control over prediction market firms, the US Commodity Futures Trading Commission has filed a lawsuit against New York. The action comes after New York recently took Coinbase and Gemini to court, alleging that their prediction market contracts breached state gambling laws. Last year, the state also targeted Kalshi, demanding that it cease operati…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Clashes with New York Over Prediction Market Oversight
In a recent lawsuit, the US Commodity Futures Trading Commission (CFTC) challenged New York's attempt to regulate prediction markets, arguing that the federal government has exclusive jurisdiction over these markets. This move is part of a broader effort by the CFTC to assert its authority over prediction market firms, which have faced lawsuits from several states. The regulator claims that feder…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Body Takes Action Against New York Over Prediction Markets
In a recent lawsuit, the US Commodity Futures Trading Commission has taken New York to court in an effort to assert its nationwide regulatory control over prediction market firms. This move comes after New York filed a lawsuit against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws, and also targeted Kalshi for its sports …
April 24, 2026, 10:09 p.m.
Policy
US Regulator Sues New York to Protect Prediction Markets from State Interference
In its latest effort to assert nationwide regulatory authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York. The move comes after New York took action against Coinbase, Gemini, and Kalshi, claiming their prediction market contracts breached state gambling laws. The CFTC argues that federal law grants it exclusive jurisdiction over commodity futures, options, a…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In its latest move to assert nationwide regulatory control over prediction market firms, the US Commodity Futures Trading Commission has filed a lawsuit against New York. This action follows the state's recent lawsuit against Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. The CFTC argues that federal law grants it exclusive jurisdiction over commodit…
April 24, 2026, 10:09 p.m.