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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 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 cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. The state had also previously targeted Ka…
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 authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, seeking to prevent the state from interfering with prediction market firms. This development comes after New York recently sued Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws, and also targeted Kalshi las…
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 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, alleging that their prediction market contracts breach state gambling laws. The CFTC maintains that federal law gives it exclusive jurisdiction over commodity futures, op…
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, arguing that the state's efforts to curb prediction market firms are preempted by federal law. This development comes after New York recently sued major cryptocurrency exchanges, alleging violations of state gambling laws. The CFTC maintains that, as the pr…
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 prevent the state from interfering with prediction market firms. This action follows New York's recent lawsuits against Coinbase and Gemini, alleging their prediction market contracts breach state gambling laws. The CFTC argues that federal law g…
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 authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, citing the need to protect its jurisdiction over prediction market firms. This development comes after New York recently took legal action against major cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breached stat…
April 24, 2026, 10:09 p.m.
Policy
US CFTC Takes New York to Court Over Prediction Market Regulations
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 action is the latest in a series of lawsuits aimed at shielding the agency's authority from state-level interference. The CFTC argues that federal law grants it exclusive jurisdiction over commodity futures, options, and…
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 nationwide regulatory authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, marking the latest development in a series of legal battles with states seeking to curtail prediction market operations. The lawsuit, filed in the US District Court for the Southern District of New York, argues that federal law grants the CFTC exclusive jurisdi…
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 challenged New York's efforts to curb prediction market firms, arguing that it has sole regulatory jurisdiction over these entities. This move follows New York's own lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC maintains that federal law grants it exc…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Markets Dispute
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 recent actions against Coinbase, Gemini, and Kalshi, in which it alleged that their prediction market contracts breached state gambling laws. The CFTC argues that federal law grants it exclusive …
April 24, 2026, 10:09 p.m.