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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. The action follows New York's own lawsuit against 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 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 Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws, and previously targeted Kalshi, demanding the cessation of its sports wagering pla…
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, arguing that the state's efforts to curtail prediction market firms are preempted by federal law. The lawsuit, filed in the US District Court for the Southern District of New York, claims that the CFTC has exclusive jurisdiction over commodity futures, opti…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Dispute 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 follows the state's recent lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. New York had also targeted Kalshi last year, demanding the cessation of it…
April 24, 2026, 10:09 p.m.
Policy
CFTC Takes New York to Court Over Regulatory Authority on Prediction Markets
In its ongoing effort to assert regulatory authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, marking the latest development in a series of lawsuits against states seeking to limit prediction market operations. The move comes after New York took legal action against major cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market …
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, seeking to prevent the state from interfering with prediction market firms. This action follows New York's recent lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws, as well as a similar case …
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 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 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 should be regulated at the federal level rather than by individual states. The lawsuit was filed in response to New York's efforts to curb prediction market a…
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 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 gambling laws. The state had previously targeted Kalshi, demanding that it c…
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. This action aims to protect the agency's authority over prediction market firms, which it believes should be regulated at the federal level. The lawsuit comes after New York took legal action against cryptocurrency exchanges Coinbase and Gemini, alleging th…
April 24, 2026, 10:09 p.m.