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Policy
Revised Stablecoin Yield Compromise Under Review as Crypto Market Structure Bill Release is Delayed
Legislative staffers are meeting with crypto and banking industry representatives on Thursday and Friday to discuss revised compromise language for stablecoin yield provisions. This language, led by Senators Angela Alsobrooks and Thom Tillis, was first viewed last week and has undergone changes to address the crypto industry's concerns. The initial proposal prohibited yield based solely on stable…
April 2, 2026, 10:12 p.m.
Policy
US Regulator Sues Illinois, Arizona, and Connecticut Over Sports Prediction Market Dispute
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated a lawsuit against the states of Illinois, Arizona, and Connecticut, along with several state officials, in response to their efforts to shut down operators of prediction markets. This move comes after Illinois, joined by other states, issued cease-and-desist letters to certain prediction ma…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Illinois, Arizona, and Connecticut Over Sports Prediction Market Regulation
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has filed a lawsuit against Illinois, Arizona, Connecticut, and several state officials, challenging the states' attempts to regulate sports prediction markets. The lawsuit stems from the states' efforts to shut down certain prediction market providers, which they claim are offering sports gambling product…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Three States Over Sports Prediction Market Regulation
A lawsuit has been filed by the US Commodity Futures Trading Commission and the Department of Justice against the states of Illinois, Arizona, and Connecticut, as well as various state officials, in response to the states' efforts to restrict prediction market providers. The states in question, including Illinois, had issued cease-and-desist letters to certain prediction market operators, argui…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Multiple States Over Sports Betting Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated legal action against the states of Illinois, Arizona, and Connecticut, along with various state officials, in response to their efforts to halt the operations of prediction market providers within their jurisdictions. This move comes after Illinois, among other states, issued cease-and-desi…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Illinois, Arizona, and Connecticut Over Sports Prediction Market Regulations
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has filed a lawsuit against the states of Illinois, Arizona, and Connecticut, along with several state officials, regarding their attempts to shut down operators of prediction markets. The states in question, including Illinois, had previously issued cease-and-desist letters to certain prediction market …
April 2, 2026, 4:24 p.m.
Policy
CFTC Takes Legal Action Against Illinois, Arizona, and Connecticut Over Sports Prediction Market Initiatives
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April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues Illinois, Arizona, and Connecticut Over Sports Prediction Markets
The Commodity Futures Trading Commission, in conjunction with the Department of Justice, has filed a lawsuit against Illinois, Arizona, and Connecticut, along with various state officials, in response to the states' attempts to shut down prediction market operators. The states in question, including Illinois, had issued cease-and-desist letters to certain prediction market providers, arguing th…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Sues States Over Sports Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has filed a lawsuit against Illinois, Arizona, and Connecticut, as well as various state officials, in response to the states' attempts to shut down prediction market providers. The states in question, including Illinois, had issued cease-and-desist letters to certain prediction market providers, arguing…
April 2, 2026, 4:24 p.m.
Policy
US Regulator Takes Action Against States Over Sports Prediction Markets
The US Commodity Futures Trading Commission, in conjunction with the Department of Justice, has initiated a lawsuit against Illinois, Arizona, and Connecticut, as well as various state officials, over their attempts to restrict prediction market operators. Multiple states, including Illinois, have issued cease-and-desist letters to certain prediction market providers, asserting that these compa…
April 2, 2026, 4:24 p.m.