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CFTC sues Utah to shield Kalshi from state gambling crackdown

Crypto Briefing·October 27, 2026·1 min read
CFTC sues Utah to shield Kalshi from state gambling crackdown

The CFTC sued Utah to shield Kalshi from a state gambling crackdown. This legal battle could redefine federal authority over state gambling laws, impacting prediction markets nationwide. The outcome may set a precedent for how prediction platforms are regulated across the U.S.

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