California and Minnesota AGs Challenge CFTC Jurisdiction Over Prediction Markets
The attorneys general of California and Minnesota publicly questioned the CFTC's authority to regulate prediction markets, adding state-level legal pressure to the existing jurisdictional dispute. The challenge follows a Michigan federal court's ruling that sports prediction markets fall outside CFTC jurisdiction.
California and Minnesota state attorneys general formally questioned CFTC's authority over prediction markets, adding state-level legal opposition to the prior Michigan court ruling.
Story timeline · 5 days
- Jun 19, 20264· this storyCalifornia and Minnesota AGs Challenge CFTC Jurisdiction Over Prediction Markets
California and Minnesota state attorneys general formally questioned CFTC's authority over prediction markets, adding state-level legal opposition to the prior Michigan court ruling.
- Jun 18, 20264Michigan Judge Rules Sports Prediction Market Outside CFTC Jurisdiction; Polymarket Loses Injunction
A Michigan federal judge ruled sports prediction markets fall outside CFTC jurisdiction; Polymarket separately lost its injunction application in the same case.
- Jun 17, 20265Prediction Market Regulation: CFTC-New Mexico Lawsuit; Gaming Industry Lobbying
US gaming industry and tribal coalitions filed formal lobbying and amicus briefs against prediction market inclusion in crypto bill, expanding the regulatory dispute.
- Jun 15, 20264CFTC Sues New Mexico Over Prediction Market Jurisdiction
CFTC lawsuit against New Mexico over prediction market jurisdiction confirmed as formal regulatory action asserting federal authority.
- Jun 13, 20264CFTC Asserts Federal Jurisdiction Over New Mexico in Regulatory Dispute
Sources · 1
- California, Minnesota AGs question CFTC’s ability to regulate prediction marketscryptobriefing.com · T2