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CFTC sues Utah as battle over prediction market regulation intensifies

The Block·October 27, 2026·1 min read
CFTC sues Utah as battle over prediction market regulation intensifies

The CFTC is suing Utah after the state filed a lawsuit against prediction market platform Kalshi, escalating a legal battle over prediction market regulation. The federal agency seeks to assert its authority over such markets, challenging state-level actions that could restrict Kalshi's operations in Utah.

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