CFTC Sues New York as Prediction Markets Fight Escalates

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CFTC Sues New York as Prediction Markets Fight EscalatesThe Commodity Futures Trading Commission (CFTC) has sued New York over prediction markets, following the state’s lawsuit against Coinbase and Gemini, as a broader federal-state clash over event contracts intensifies. The dispute centers on whether these products fall under federal derivatives oversight or state gambling laws. Key Takeaways: CFTC sued New York to block state […]

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