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Kalshi Sues Minnesota, CFTC Files Against Rhode Island as Prediction Markets Legal Battles Continue
Kalshi, CFTC Chair Michael Selig, and US President Donald Trump all made public statements this week supporting federal regulation over prediction markets in response to state-level legal actions.
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zerohedge.com
Trump Backs CFTC Authority Over Prediction Markets
“We cannot have SCUM like Chris Christie, Letitia James, Tim Walz, and JB Pritzker setting the rules!”
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cnbc.com
White House eyes CFTC proposal for regulating prediction markets
The CFTC has argued it has exclusive authority to regulate the growing prediction market sector rather than state-by-state regulation.
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coindesk.com
White House reviews CFTC prediction-market rule as Trump backs federal control
The proposal could shape how Kalshi, Polymarket, and other event-contract platforms operate as states challenge the CFTC’s authority.
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si.com
Kalshi Faces Another Legal Challenge From Rhode Island
Rhode Island becomes the latest state to join the fight against Kalshi and other prediction markets for offering sports prediction contracts. The lawsuit was fi
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decrypt.co
Kalshi Sues to Stop Minnesota From Enforcing America’s First Prediction Market Ban - Decrypt
Prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August.
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theblock.co
Kalshi's turn: Prediction markets platform sues Minnesota over law going into effect in August
Following the CFTC's suit, Kalshi has sued the state of Minnesota after Governor Tim Walz signed a law blocking prediction markets.
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CFTC sues Rhode Island over actions against prediction markets
It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.
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cointelegraph.com
Kalshi Sues Minnesota, CFTC Files Against Rhode Island as Prediction Markets Legal Battles Continue
Kalshi, CFTC Chair Michael Selig, and US President Donald Trump all made public statements this week supporting federal regulation over prediction markets in response to…
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news.bitcoin.com
CFTC Sues Rhode Island as State Rules Threaten Prediction Markets
The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling
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Kalshi follows CFTC in suing Minnesota over its law criminalizing prediction markets
The Governor of Minnesota signed into law a measure that starting August 1 makes it a crime to advertise and operate prediction market platforms across the state.
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qz.com
CFTC sues Rhode Island over prediction market regulation
The federal agency argues it holds exclusive jurisdiction over platforms like Kalshi and Polymarket, making Rhode Island the seventh state it has sued