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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, 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 on the heels of New York's own lawsuit against Coinbase and Gemini, alleging that their prediction market contracts contravene state gambli…
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. The lawsuit aims to prevent the state from interfering with the operation of prediction market firms, which the agency claims fall under its exclusive federal jurisdiction. This development comes after New York took action against major cryptocurrency excha…
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, seeking to block the state's efforts to curb prediction market operations. This development comes after New York took legal action against cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. The stat…
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 lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC argues that federal law grants it exclusive jurisdiction over com…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In its ongoing effort to assert 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 curb prediction market operations. The move comes after New York recently took action against cryptocurrency exchanges Coinbase and Gemini, alleging that their predictio…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Clashes with New York Over Prediction Market Oversight
In its ongoing effort to assert nationwide regulatory control over prediction markets, the US Commodity Futures Trading Commission has filed a lawsuit against New York. The move 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, ordering …
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 curb prediction market firms are preempted by federal law. This action follows New York's recent lawsuit against Coinbase and Gemini, alleging that their prediction market contracts violate state gambling laws. The CFTC m…
April 24, 2026, 10:09 p.m.
Policy
US CFTC Takes New York to Court Over Prediction Market Regulations
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 own lawsuit against Coinbase and Gemini, alleging that their prediction market contracts breach state gambling laws. Similarly, New York had previously targeted Kalshi, demanding that it cease oper…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Body Expands Lawsuit to New York Over Prediction Market Dispute
In its ongoing effort to protect the interests of prediction market firms, the US Commodity Futures Trading Commission has filed a lawsuit against New York. This move is the latest in a series of actions taken by the agency to assert its authority over the regulation of commodity futures, options, and swaps. The CFTC maintains that it has exclusive jurisdiction over these areas, which includes CF…
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 companies, 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 targete…
April 24, 2026, 10:09 p.m.