CFTC Lost in Wisconsin Predictive Market Case
2026-07-30 05:01:31
According to CoinMeta, CFTC faced a major setback in the predictive market case in Wisconsin, as a federal judge rejected its request to block state gambling enforcement, ruling that the regulation of CFTC does not automatically cover state gambling laws. This ruling puts Kalshi, Polymarket, and three other platforms at risk under Wisconsin's gambling laws. Judge William Grisbach pointed out that registration with CFTC does not automatically protect these platforms from state legal provisions. This decision could have a profound impact on the rapidly developing predictive market industry in the United States.
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Source:Coinpedia
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