The Commodity Futures Trading Commission (CFTC) sued Wisconsin and key state officials Tuesday over their recent crackdown on prediction markets, arguing the federal regulator has exclusive jurisdiction over the platforms. The agency took aim at the Badger State for suing five prediction markets — Coinbase, Kalshi, Robinhood, Polymarket and Crypto.com — for allegedly running illegal…
CFTC sues Wisconsin over prediction market regulations
Originally reported by The Hill
Related Articles
When to Expect Results in Maine, Nevada and Beyond
Four states have primaries on Tuesday. Election officials predict most results will come in late in the evening, though ...
Meta accuses Israeli spyware firm of again targeting WhatsApp users
Meta accused an Israeli spyware firm on Monday of violating a court order restricting phishing attempts on WhatsApp, a s...
Watchdog Group Skeptical of Vows to End Trump Administration’s $1.8 Billion Fund
Two sets of lawyers noted that while senior department officials said the fund would not move forward, they declined to ...
DOJ finds EEOC guidelines on workplace discrimination unconstitutional
The Justice Department on Tuesday found the Equal Employment Opportunity Commission’s (EEOC) hiring guidelines unconstit...