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Deep Tide TechFlow News, May 20th, according to The Block, the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice jointly sued Minnesota Governor Tim Walz and related officials on Tuesday local time, because the state signed into law SF 4760, becoming the first in the country to explicitly and comprehensively ban prediction markets, which will take effect on August 1, 2026. The CFTC argues that prediction markets are federally regulated derivatives and "swap" products, and that state governments have no authority to criminalize or prohibit them, and has requested the court to issue a permanent injunction against this law.