Coinbase’s head of litigation says states are 'gaslighting' on prediction markets

Coinbase’s head of litigation says states are 'gaslighting' on prediction markets

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enCoinDesk NewsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailCoinbase’s head of litigation says states are 'gaslighting' on prediction marketsRyan VanGrack says states are misrepresenting federal law as they move to block prediction markets.By AI BoostUpdated Feb 27, 2026, 11:03 p.m. Published Feb 27, 2026, 9:35 p.m. Make us preferred on GoogleWhy it matters: Ryan VanGrack, Coinbase’s VP of legal and global head of litigation, is sharpening Coinbase’s challenge to state regulators, saying they are trying to rewrite Congress’ authority over derivatives. The argument: VanGrack says states are framing the issue incorrectly. Federal vs. state power: At the center is who gets to regulate sports-related event contracts. Sports betting distinction: Coinbase says exchange-traded contracts differ fun

Source: https://www.coindesk.com/coindesk-news/2026/02/27/coinbase-s-head-of-litigation-says-states-are-gaslighting-on-prediction-markets