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CFTC Expands Legal Fight Over Prediction Markets
The Commodity Futures Trading Commission (CFTC) has launched legal action against Rhode Island, escalating a growing national dispute over who has the authority to regulate prediction markets in the United States. The federal agency announced Thursday that it is seeking to intervene in ongoing litigation involving prediction market operators Kalshi and Polymarket while also filing its own complaint against the state. The move came after Rhode Island Attorney General Peter Neronha pursued legal action against the two companies, arguing that […] The post CFTC Expands Legal Fight Over Prediction Markets appeared first on World Casino News.
The Commodity Futures Trading Commission (CFTC) has launched legal action against Rhode Island, escalating a growing national dispute over who has the authority to regulate prediction markets in the United States. The federal agency announced Thursday that it is seeking to intervene in ongoing litigation involving prediction market operators Kalshi and Polymarket while also filing its own complaint against the state. The move came after Rhode Island Attorney General Peter Neronha pursued legal action against the two companies, arguing that […]
The post CFTC Expands Legal Fight Over Prediction Markets appeared first on World Casino News.
