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federal-authority

2 stories related to this topic, newest first.

Kalshi Sues Minnesota to Block Law Banning Prediction Market PlatformsCoinDesk
finance2 hrs agoUpdated

Kalshi Sues Minnesota to Block Law Banning Prediction Market Platforms

Kalshi filed a federal lawsuit against Minnesota seeking to stop enforcement of a new state law that will criminalize operating and advertising prediction market platforms starting August 1. The Commodity Futures Trading Commission filed a similar motion on May 19.

CoinDesk
Benzinga
2 sources
President Trump says CFTC should keep exclusive authority over prediction marketsCoinDesk
finance2 days ago

President Trump says CFTC should keep exclusive authority over prediction markets

President Trump posted on Truth Social that the CFTC must retain exclusive authority over prediction markets. The statement follows lawsuits between the agency and several states over regulatory jurisdiction.

CoinDesk
1 source