Prediction markets legal battles heat up in Minnesota, Rhode Island
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
Kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court.
Original source
Read on CointelegraphRelated market context
CFTC Proposes Its First Formal Prediction-Markets Rule to Vet Event Contracts on War, Gaming, and Unlawful Activity
The Commodity Futures Trading Commission published a Notice of Proposed Rulemaking on Wednesday seeking public comment on how to e...
Prediction Markets’ Wild West Days May Be Over: CFTC Drafts Its First Major Framework
The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing w...
Hungary Reverses Crypto Crackdown, CFTC Proposes Prediction Market Rules, and Anthropic AI Jailbroken in 48 Hours
Hungary decriminalises crypto trading after EU scrutiny, CFTC proposes prediction market rules, and Anthropic's AI jailbroken in 4...
Hungary Decriminalises Crypto Trading, CFTC Proposes Prediction Market Rules, and AI Model Jailbroken in 48 Hours
Hungary reverses crypto restrictions, CFTC proposes prediction market rules, and an AI model is jailbroken in 48 hours. Key regula...
Kalshi CEO Tarek Mansour navigates Washington as prediction markets face regulatory reckoning
Kalshi's regulatory challenges highlight the tension between innovation and compliance, potentially reshaping the future of predic...
CFTC proposes first federal regulations for sports gambling on prediction markets
The CFTC's proposed regulations could streamline prediction markets, potentially reshaping state-federal dynamics and market opera...