The CFTC sues Arizona, Connecticut, and Illinois over their actions against prediction markets, saying it has the “exclusive” authority to regulate such markets
A federal commission on Wednesday announced lawsuits against three states over its ability to exclusively regulate prediction markets.
CNBC Alex Harring
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- The CFTC (the US commodities regulator) has just sued ( https://www.cftc.gov/... Arizona, Connecticut, and Illinois for their efforts to “outlaw, regulate, or otherwise restrain” prediction markets like Kalshi. … @molly0xfff@hachyderm.io · Molly White