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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 effort to assert its nationwide regulatory authority over prediction market firms. This move comes after New York sued Coinbase and Gemini earlier in the week, alleging that their prediction market contracts breached state gambling laws. The state had previously targeted Kalshi, demanding that it …
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. The suit aims to prevent the state from interfering with prediction market firms, which the agency claims are under its exclusive jurisdiction. This development comes after New York took legal action against Coinbase and Gemini, alleging their prediction …
April 24, 2026, 10:09 p.m.
Policy
US Regulator Escalates Battle Against States Over Prediction Markets
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 recently taken action against Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws, and had also targeted Kalshi over its sports wagering platform. The CFTC maintains that fe…
April 24, 2026, 10:09 p.m.
Policy
US Regulator CFTC 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 the agency's nationwide regulatory authority over prediction market firms. This action comes after New York recently sued cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws, and previously targeted Kalshi, deman…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Sues New York to Halt State's Crackdown on Prediction Markets
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 sued major cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The state had also previously targeted Kalshi, dema…
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, following the state's efforts to curb prediction market firms under state gaming laws. This development comes after New York recently took action against Coinbase and Gemini, alleging their prediction market contracts breached state gambling regulations, and previou…
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 dominance over prediction market firms nationwide. This action comes on the heels of New York's own lawsuit against major cryptocurrency exchanges Coinbase and Gemini, alleging violations of state gambling laws through their pre…
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 authority, the US Commodity Futures Trading Commission filed a lawsuit against New York, seeking to block the state's efforts to curb prediction market operations. This action comes after New York recently sued major cryptocurrency exchanges, alleging their prediction market contracts breached state gambling laws. The CFTC firmly believes that it holds excl…
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 asserted its nationwide regulatory dominance over prediction market firms, suing New York for attempting to intervene. This move follows New York's own lawsuits against Coinbase, Gemini, and Kalshi, alleging violations of state gambling laws. The CFTC argues that federal law grants it exclusive jurisdiction over commodity futures, o…
April 24, 2026, 10:09 p.m.
Policy
US Regulator CFTC Takes New York to Court Over Prediction Markets
In a recent development, the US Commodity Futures Trading Commission has filed a lawsuit against New York, marking the latest move in a series of actions aimed at protecting its nationwide regulatory authority over prediction market firms. This comes after New York took legal action against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached stat…
April 24, 2026, 10:09 p.m.