Utah Becomes Latest Front in CFTC’s Prediction Market Jurisdiction Fight
Utah has become the latest flashpoint in the fight over who regulates prediction markets. The Commodity Futures Trading Commission (CFTC) this week filed a lawsuit to block state enforcement aimed at stopping platforms such as Kalshi from operating there. The lawsuit, announced Tuesday (Oct. 27), escalates a nationwide clash over whether federally regulated event contracts […] The post Utah…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
