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Policy
CFTC Takes New York to Court Over Prediction Market Regulations
In its most recent move to assert nationwide regulatory control over prediction market firms, the US Commodity Futures Trading Commission filed a lawsuit against New York on Friday. This action is part of a broader effort by the CFTC to shield its authority from state-level interference. Earlier in the week, New York had sued major cryptocurrency exchanges Coinbase and Gemini, alleging their pred…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In a bid to assert its regulatory dominance, the US Commodity Futures Trading Commission has filed a lawsuit against New York, marking the latest development in an ongoing battle to protect the interests of prediction market firms. The lawsuit, filed in the US District Court for the Southern District of New York, argues that federal law empowers the CFTC with sole jurisdiction over commodity futu…
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, aiming to protect prediction market firms from state interference. This action follows New York's recent lawsuits against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breach state gambling laws. The CFTC argu…
April 24, 2026, 10:09 p.m.
Policy
US Regulator CFTC Takes New York to Court Over Prediction Market Dispute
In its latest move to assert nationwide regulatory authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York. The lawsuit is part of the agency's broader efforts to shield prediction market firms from state-level interference. Earlier in the week, New York had taken action against Coinbase and Gemini, alleging their prediction market contracts breached state gamb…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Sues New York 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 authority over prediction market firms. This comes after New York sued Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. The CFTC argues that federal law grants it exclusive jurisdiction over commodity futures, options, …
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 lawsuit comes after New York took legal action against Coinbase and Gemini, claiming their prediction market contracts breached state gambling laws. The state had previously targeted Kalshi, demanding that it shut down its s…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In a recent lawsuit, the US Commodity Futures Trading Commission has taken action against New York to assert its nationwide regulatory authority over prediction market firms. This move is in response to New York's lawsuit against Coinbase and Gemini, alleging that their prediction market contracts violate state gambling laws. The CFTC argues that federal law grants it exclusive jurisdiction over …
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 cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC argues that it has exclusive jurisdicti…
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 regulate prediction market firms, arguing that the agency has sole authority over these entities. This move is part of a larger trend, as the CFTC has also sued other states, including Arizona, Connecticut, and Illinois, to protect its jurisdiction over event contracts and prediction markets. The…
April 24, 2026, 10:09 p.m.
Policy
CFTC Expands Lawsuit Campaign to New York Over Prediction Market Regulation
In its ongoing effort to assert nationwide regulatory control over prediction market firms, the US Commodity Futures Trading Commission has filed a lawsuit against New York. This move follows the state's own lawsuit against Coinbase and Gemini, alleging that their prediction market contracts violate state gambling laws. The CFTC maintains that federal law grants it exclusive jurisdiction over com…
April 24, 2026, 10:09 p.m.