CFTC sues New York over bid to apply gambling laws to prediction markets

CFTC sues New York over bid to apply gambling laws to prediction markets

0.36%BTC$77,305 0.95%XLM$0.171 2.15%TRX$0.3236 0.50%XMR$370.96 0.02%DOGE$0.09816 0.03%BCH$453.73 1.44%ADA$0.25 0.88%BNB$629.71 1.56%ETH$2,307 0.75%SOL$86.19 0.38%HYPE$41.41 0.59%XRP$1.42 1.57%Written by Amin Haqshanas⁠, Staff Writer. Reviewed by Bryan O'Shea⁠, Staff Editor. Written by Amin Haqshanas⁠, Staff Writer. Reviewed by Bryan O'Shea⁠, Staff Editor. CFTC sues New York over bid to apply gambling laws to prediction marketsLatest NewsPublishedApr 25, 2026The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated prediction market platforms, escalating a growing clash over who has authority to oversee these products. In

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