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CFTC sues New Mexico as prediction market jurisdiction fight expands
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CFTC sues New Mexico as prediction market jurisdiction fight expands
The CFTC sued New Mexico officials to stop state gaming laws from applying to Kalshi contracts.New Mexico accused Kalshi of offering unlicensed sports betting and allowing underage participation.CFTC Chair Michael Selig said federally regulated exchanges fall under the agency’s jurisdiction.
2026-06-12 Source:crypto.news
Prediction Markets
CFTC Lawsuit
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