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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 regulatory authority over prediction market firms nationwide. This move comes after New York took legal action against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC argues that it has exclus…
April 24, 2026, 10:09 p.m.
Policy
CFTC Expands Lawsuit to New York in Bid to Block State-Level Regulation of Prediction Markets
In its latest move to assert nationwide regulatory control over prediction market firms, the U.S. Commodity Futures Trading Commission filed a lawsuit against New York on Friday. This action follows New York's recent lawsuit against Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws, as well as a similar action taken against Kalshi last year. The CFTC arg…
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 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 lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws, as well as a similar case ag…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Agency Expands Lawsuit Against States Over Prediction Market Oversight
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 regulatory authority over prediction market firms nationwide. This comes on the heels of New York's own lawsuit against major cryptocurrency exchanges, Coinbase and Gemini, for allegedly violating state gambling laws thro…
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 own lawsuit against cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. The CFTC argues that, as the federal derivatives regulator, it has e…
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 recent lawsuits against cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. New York had also previously targeted Kalshi, demandi…
April 24, 2026, 10:09 p.m.
Policy
US CFTC Takes New York to Court Over Regulatory Dispute on Prediction Markets
In its latest move to assert nationwide authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, seeking to protect its regulatory oversight of 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 action against Kalsh…
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. This action follows the state's earlier lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC contends 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 authority, the US Commodity Futures Trading Commission has filed a lawsuit against New York, seeking to block the state's efforts to curb prediction market operations. This development comes after New York recently took action against major cryptocurrency exchanges, alleging their prediction market contracts breached state gambling laws. The CFTC…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Expands Lawsuit Against States to Protect 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 New York's recent lawsuit against Coinbase and Gemini, alleging that their prediction market contracts contravene state gambling laws. Last year, the state also targeted Kalshi, demanding that it cease operat…
April 24, 2026, 10:09 p.m.