Tag: CFTC

What New York’s Prediction Market Lawsuit Means for Crypto Exchanges

By admin New York Attorney General Letitia James has filed a lawsuit against Gemini, alleging that the platform’s cryptocurrency-based prediction markets operate as illegal gambling under state law. The legal action highlights a rapidly intensifying jurisdictional clash between state gambling regulators and the federal Commodity Futures Trading Commission, which has already granted Gemini licenses to […]