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Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In a bid to assert its regulatory authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, marking the latest in a series of actions aimed at preventing states from interfering with prediction market firms. The move comes after New York took legal action against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. T…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
The Commodity Futures Trading Commission has filed a lawsuit against New York, marking the latest move in its efforts to assert its national regulatory authority over prediction market firms. This action comes after New York sued cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC argues that federal law grants it ex…
April 24, 2026, 10:09 p.m.
Policy
CFTC Takes New York to Court Over Regulatory Authority on Prediction Markets
In its latest move to assert regulatory authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, arguing that the state's attempts to curb prediction market activity are preempted by federal law. This development comes on the heels of New York's own lawsuit against Coinbase and Gemini, alleging that their prediction market contracts contravene state gambling la…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Body 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 aims to protect the agency's authority over prediction market firms, which it believes is being challenged by the state's attempts to curtail their activities under state gaming laws. The CFTC argues that federal law grants it exclusive jurisdic…
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 decision to sue major cryptocurrency exchanges, including Coinbase and Gemini, for allegedly violating state gambling laws through their prediction market contracts. The CFTC maintains that federa…
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. The lawsuit is part of a broader effort to shield prediction market firms from state-level interference. Earlier in the week, New York had taken action against Coinbase and Gemini, alleging that their prediction market contracts contravened state gambling l…
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 authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, seeking to protect its regulatory oversight of prediction market firms. This comes after New York targeted cryptocurrency exchanges Coinbase and Gemini, as well as Kalshi, for allegedly violating state gambling laws with their prediction market contracts. The CFTC a…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Body Takes New York to Court Over Prediction Market Dispute
In a recent lawsuit, the US Commodity Futures Trading Commission has challenged New York's efforts to curb the activities of prediction market firms, asserting its authority as the primary regulator of these entities. This move follows New York's own lawsuit against Coinbase and Gemini, alleging that their prediction market contracts contravene state gambling laws. The CFTC maintains that, as the…
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 took legal action against Coinbase and Gemini, alleging that their prediction market contracts were in violation of state gambling laws. The CFT…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Body 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 effort to assert its nationwide regulatory authority over prediction market firms. This move comes after New York took legal action against Coinbase and Gemini, alleging that their prediction market contracts were in violation of state gambling laws. The state had previous…
April 24, 2026, 10:09 p.m.