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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 by the CFTC to shield prediction market firms from state-level regulation. Earlier in the week, New York had taken action against Coinbase and Gemini, alleging that their prediction market contracts breached state gam…
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 state had previously taken action against several companies, including Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC counters that federal law gives it exclusive …
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 Coinbase and Gemini over alleged violations of state gambling laws through their prediction market contracts. Similarly, New York had previously targeted Kalshi, demanding that it …
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 has challenged New York's efforts to curb prediction market operations, arguing that the agency has absolute authority to regulate these activities nationwide. This move comes after New York filed a lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC maintains t…
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, claiming their prediction market contracts breach local gambling laws. The CFTC argues that, as the federal derivatives regulator, it has exclusive …
April 24, 2026, 10:09 p.m.
Policy
CFTC Expands Lawsuit Campaign to New York Over Prediction Market Regulation
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 New York's own lawsuit against cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breach state gambling laws. The CFTC maintains that federal law grants it exclusive juri…
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 earlier lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. New York had also previously targeted Kalshi, demanding that it cease ope…
April 24, 2026, 10:09 p.m.
Policy
US CFTC Takes New York to Court Over Regulatory Dispute on Prediction Markets
In its latest move to assert nationwide authority over prediction market firms, the US Commodity Futures Trading Commission has filed a lawsuit against New York. This action comes after New York recently took legal action against Coinbase and Gemini, alleging that their prediction market contracts breached state gaming laws. New York had also previously targeted Kalshi, demanding that it cease op…
April 24, 2026, 10:09 p.m.
Policy
US CFTC Takes New York to Court Over Prediction Market Regulations
In its latest move to assert regulatory control, the US Commodity Futures Trading Commission filed a lawsuit against New York on Friday, seeking to protect its authority over prediction market firms. This action follows New York's recent lawsuit against Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. Last year, New York also targeted Kalshi, demanding…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
The US Commodity Futures Trading Commission has filed a lawsuit against New York, marking its latest move to assert federal regulatory control over prediction market firms. This development comes after New York took legal action against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. Similarly, the state had previously ta…
April 24, 2026, 10:09 p.m.