The cftc is suing three states for trying to regulate prediction markets – Breaking News & Latest Updates 2026
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Emma Roth
The CFTC is suing three states for trying to regulate prediction markets.

Lawsuits against Arizona, Connecticut, and Illinois accuse the states of violating the CFTC’s “exclusive regulatory authority” over predicting betting markets operated by companies like Kalshi and Polymarket. The CFTC claims the three states have attempted to “outlaw, regulate, or otherwise restrain” prediction betting as concerns grow over potential insider trading.

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