US Regulator Escalates Battle Against States Over Prediction Markets
In its latest move to assert nationwide regulatory control, the US Commodity Futures Trading Commission has filed a lawsuit against New York, marking the continuation of its efforts to shield prediction market firms from state interference. This development follows New York's own lawsuit against Coinbase and Gemini, alleging that their prediction market contracts contravened state gambling laws, …
April 24, 2026, 10:09 p.m.