The prediction market sector in the United States experienced another eventful week, marked by expanding litigation, tribal intervention, and the first federal prediction market bill to advance from a congressional committee. The Commodity Futures Trading Commission (CFTC) filed…
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against the state of Kentucky, marking the ninth state the federal regulator has taken legal action against in its ongoing effort to assert authority over prediction markets. The…
The Commodity Futures Trading Commission (CFTC) has initiated legal action against the state of Kentucky, while prediction market operator Kalshi has separately filed a lawsuit against Illinois. These legal challenges come in response to recent state-level measures that…