RegulationCFTCWed, Jul 29, 2026, 10:12 AMNegative

44 States Challenge CFTC's Authority Over Prediction Markets

A coalition of 44 state attorneys general has urged the CFTC to withdraw its proposed prediction market rule, claiming it exceeds the agency's authority. This challenge underscores the ongoing tensions between state and federal regulatory frameworks in the cryptocurrency sector, particularly regarding sports prediction markets.

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