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๐จ ๐.๐. ๐๐ญ๐๐ญ๐๐ฌ ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐ ๐๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ฅ๐๐ฌ
๐บ๐ธ A bipartisan coalition of states is backing New Jerseyโs request for the U.S. Supreme Court to decide who should regulate prediction markets like Kalshi and Polymarket.
โ๏ธ The core dispute:
- States: Sports-related event contracts should follow state gambling laws.
- CFTC: Prediction markets fall under federal derivatives oversight.
๐ The outcome could reshape how prediction markets operate across the United States.
What do you think โ state-level regulation or one nationwide federal framework?
#CryptoNews #PredictionMarkets #Regulation