CFTC Files Suit Against New York Over Prediction Market Regulations
The U.S. Commodity Futures Trading Commission (CFTC) has initiated legal action against New York, asserting its authority over prediction markets amid a growing conflict with...
Tag : gambling laws
New York Takes Legal Action Against Coinbase and Gemini Over Prediction Markets
New York has initiated legal proceedings against cryptocurrency exchanges Coinbase and Gemini, claiming their prediction market contracts related to sports and entertainment violate state gambling...
Federal Judge Blocks Arizona from Enforcing Charges Against Prediction Market Kalshi
A federal judge has issued a temporary order preventing Arizona from pursuing criminal charges against Kalshi, a prediction market provider. This decision follows a motion...
Washington State Sues Kalshi Over Alleged Violations of Gambling Laws
The Washington State Attorney General has initiated legal action against Kalshi, a prediction markets provider, alleging that the company is offering gambling products in violation...
Arizona Attorney General Charges Prediction Market Kalshi with Criminal Violations
The Arizona Attorney General’s office has filed criminal charges against Kalshi, a prediction markets platform, alleging the company operated an unlicensed gambling business and engaged...