CFTC sues Louisiana to block order banning 31 prediction markets
REGULATIONCommodity Futures Trading Commissioncoinbrief/daily · 2 sources
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What happened
US regulator the CFTC has taken legal action against the state of Louisiana. It wants to stop a state judge's order that bans 31 prediction markets, including Kalshi and Polymarket, from operating there. Louisiana's attorney general responded by harshly criticising the CFTC's chair.
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What to do
- Watch for a court ruling on the CFTC's request to block the Louisiana order.
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Who reported · 2 outlets
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