Federal regulator sues three states over prediction market restrictions ...Middle East

The Hill - Technology
Federal regulator sues three states over prediction market restrictions
source : The Hill ( Middle East ) () 32
The Commodity Futures Trading Commission (CFTC) is suing Arizona, Connecticut and Illinois over the states’ efforts to place restrictions on prediction markets operating within their borders, underscoring the escalating fight between state and federal regulators over the platforms. In the trio of lawsuits filed Thursday, the CFTC asked the courts to determine that the agency’s...

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