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CoinOtag 2025-12-19 14:05:43

Coinbase Challenges State Bans on Prediction Markets in Federal Lawsuits

Coinbase has filed federal lawsuits in Connecticut, Michigan, and Illinois to challenge state blocks on prediction markets, asserting exclusive federal jurisdiction under the CFTC. These actions aim to protect innovation in event contract trading for sports, politics, and more, set to launch via partnership with Kalshi in January 2026. Coinbase's lawsuits target state gaming regulators [...]

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