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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. This action comes after New York took legal action against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. Last year, the state also targeted Kalshi, demanding that it shut down…
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 is the latest in a series of actions taken by the federal regulator to protect its authority over these firms. Earlier in the week, New York had sued major cryptocurrency exchanges Coinbase and Gemini, alleging that…
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Agency Expands Lawsuit Against States Over Prediction Markets
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 follows the state's own lawsuit against cryptocurrency exchanges Coinbase and Gemini, alleging that their prediction market contracts contravene local gambling laws. The CFTC argues that, as the federal derivativ…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Sues New York to Block State's Efforts to Restrict Prediction Markets
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 lawsuits against Coinbase and Gemini, alleging that their prediction market contracts breached state gambling laws. The CFTC maintains that f…
April 24, 2026, 10:09 p.m.
Policy
US Regulator Sues New York in Ongoing Battle 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 comes after New York recently sued major cryptocurrency exchanges, including Coinbase and Gemini, for allegedly violating state gambling laws with their prediction market contracts. The state had also targeted Kalshi…
April 24, 2026, 10:09 p.m.
Policy
CFTC Expands Lawsuit Campaign to New York Over Prediction Market Regulation
In its ongoing effort to assert nationwide regulatory control over prediction market firms, the U.S. Commodity Futures Trading Commission has filed a lawsuit against New York. This move is the latest in a series of actions taken by the CFTC to protect its jurisdiction over commodity futures, options, and swaps traded on federally regulated exchanges. The lawsuit argues that federal law preempts s…
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, marking the agency's continued efforts to protect prediction market firms from state interference. This development comes after New York recently took action against cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts …
April 24, 2026, 10:09 p.m.
Policy
US CFTC Takes New York to Court Over Prediction Market Regulation
In its latest move to assert nationwide regulatory control over prediction market firms, the US Commodity Futures Trading Commission filed a lawsuit against New York on Friday. This action comes after New York recently sued cryptocurrency exchanges Coinbase and Gemini, alleging their prediction market contracts breached state gaming laws. The state had previously targeted Kalshi, demanding it shu…
April 24, 2026, 10:09 p.m.
Policy
U.S. Regulator Expands Lawsuit to New York Over Prediction Market Dispute
In its latest move to assert nationwide authority, the U.S. Commodity Futures Trading Commission has filed a lawsuit against New York, aiming to protect its regulatory oversight of prediction market firms. This action follows New York's recent lawsuit against Coinbase and Gemini, alleging violations of state gambling laws through their prediction market contracts. The CFTC maintains that federal …
April 24, 2026, 10:09 p.m.
Policy
US Regulatory Body Takes New York to Court Over Prediction Markets Dispute
In a recent lawsuit, the US Commodity Futures Trading Commission has taken action against New York, arguing that the state's efforts to curb prediction market firms infringe upon its national regulatory jurisdiction. This move follows New York's own lawsuit against cryptocurrency exchanges Coinbase and Gemini, alleging violations of state gambling laws. The CFTC asserts that federal law grants it…
April 24, 2026, 10:09 p.m.