CFTC sues Kentucky to block state actions against contract markets

Federal regulation of prediction markets could streamline compliance, attract institutional investment, and shift control from states to the CFTC. The post Polls show US voters favor federal rules for prediction markets over state regulations appeared first on Crypto Briefing.

The CFTC filed suit against Kentucky on Monday after the state sued prediction-market operators Kalshi and Polymarket for operating without gaming licenses, making Kentucky the ninth state to face federal litigation over who controls event-contract regulation.

Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while legal battles over the platform’s products continue to intensify. According to Kalshi’s latest listings, the…

The CFTC sued Kentucky on June 23, 2026, challenging its 14.25% excise tax and state lawsuits targeting Kalshi, Polymarket, and Robinhood as unlicensed gambling operators. The post Kentucky’s Prediction Market Crackdown Faces Federal Lawsuit and Preemption Fight appeared first on 99Bitcoins.

Kalshi is suing Illinois over its new prediction market licensing law, arguing federal CFTC jurisdiction preempts the state's licensing law.

CFTC Kentucky Lawsuit Extends Federal-State Fight Over Prediction Markets TL;DR The CFTC is reportedly challenging Kentucky’s approach to prediction-

CLARITY Act rules could pull Bitcoin treasury companies into CFTC commodity-pool oversight as digital-commodity regulation expands.

CME CFTC lawsuit perpetual futures fight asks whether perps are futures or swaps, deciding who controls crypto’s biggest market.