CFTC Sues Rhode Island as State Rules Threaten Prediction Markets

In recent developments, the Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally…

Prediction markets legal battles heat up in Minnesota, Rhode Island

In recent developments, kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court. Looking closer, market…