Coinbase Sues Michigan, Illinois, and Connecticut Over Prediction Market Oversight Battle

Coinbase filed lawsuits Thursday against Michigan, Illinois, and Connecticut, escalating a legal dispute over state authority to regulate prediction markets. The exchange seeks court orders affirming that prediction markets fall under exclusive Commodity Futures Trading Commission jurisdiction rather than state gaming regulators. Coinbase argued that Congress designated the CFTC as the sole regulator for prediction […] Read The Full Article Coinbase Sues Michigan, Illinois, and Connecticut Over Prediction Market Oversight Battle On Coin Edition.