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CFTC sues New Mexico as prediction market jurisdiction fight expands
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First seen12 Jun, 21:26CFTC sues New Mexico as prediction market jurisdiction fight expands
The Commodity Futures Trading Commission has taken New Mexico to federal court over efforts to regulate prediction markets. The lawsuit targets state officials after New Mexico moved against Kalshi over alleged unlicensed sports betting activity. The dispute adds another chapter…
Crypto.news•Irene Mukiri
Follow-up15 Jun, 04:54CFTC sues New Mexico over prediction market jurisdiction
New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators' claim of authority over sports event contracts.
Cointelegraph•Jesse Coghlan
Latest15 Jun, 05:54CFTC sues New Mexico over prediction market jurisdiction
New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators' claim of authority over sports event contracts.
Cointelegraph•Cointelegraph by Jesse Coghlan