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Policy
US Regulatory Body Challenges New York Over Prediction Market Oversight
In a recent lawsuit, the US Commodity Futures Trading Commission asserted its regulatory dominance over prediction market firms by suing New York. This move is part of a broader effort to protect the agency's authority, which it believes supersedes state laws. The lawsuit follows New York's own actions against companies like Coinbase and Gemini, alleging violations of state gambling laws. The CFT…
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 protect its regulatory oversight of prediction market firms. This action follows New York's recent lawsuits against Coinbase, Gemini, and Kalshi, alleging violations of state gambling laws. The CFTC argues that federal law grants it exclusive jurisdiction…
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 follows the state's recent lawsuit against Coinbase and Gemini, alleging their prediction market contracts breached local gambling laws. The CFTC maintains that federal law grants it exclusive authority to regulate c…
April 24, 2026, 10:09 p.m.
Policy
CFTC Expands Lawsuit Campaign to New York Over Prediction Market Regulation
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 own lawsuit against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC maintains that, as the federal derivatives …
April 24, 2026, 10:09 p.m.
Policy
US Regulator Takes New York to Court Over Prediction Market Dispute
In a recent lawsuit, the US Commodity Futures Trading Commission has taken action against New York, seeking to protect its regulatory authority over prediction market firms. This move is part of a larger effort by the agency to assert its nationwide jurisdiction over these firms. The CFTC argues that federal law grants it exclusive jurisdiction over commodity futures, options, and swaps traded on…
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, claiming the state's efforts to curb prediction market firms infringe on its federal regulatory powers. This development comes after New York took legal action against Coinbase and Gemini, alleging their prediction market contracts breached state gambling laws. Simi…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Body Takes New York to Court Over Prediction Market Oversight
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 lawsuits against major cryptocurrency exchanges, including Coinbase and Gemini, for allegedly violating state gambling laws with their prediction market contracts. The CFTC maintains that …
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. The state had recently taken action against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breached local gambling laws. A similar case was brought against Kalshi last year, with th…
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 control over prediction market firms, the US Commodity Futures Trading Commission has filed a lawsuit against New York. This move follows the state's recent actions against cryptocurrency exchanges Coinbase and Gemini, as well as its previous targeting of Kalshi, a firm offering sports wagering platforms. The CFTC argues that it has exclusive …
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 cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts breach state gambling laws. New York had previously targeted Kalshi, demanding …
April 24, 2026, 10:09 p.m.