New York State is now targeting Coinbase and Gemini, with the core issue actually being the regulatory boundary of prediction markets. Whether event contracts are considered trading or gambling, regulators have not yet provided a clear answer. In the short term, risk appetite will be suppressed, and projects related to prediction markets and on-chain event contracts will be repriced accordingly. $UMA $GNO


$TIA
UMA-0.62%
GNO1.96%
TIA3.78%
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