CFTC sues three states for trying to regulate prediction markets

The US Commodity Futures Trading Commission is suing Illinois, Arizona and Connecticut for attempting to outlaw or regulate prediction markets like Kalshi and Polymarket. The CFTC believes it has sole jurisdiction to regulate these platforms, and that states attempting to classify them as illegal ga

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Ian Carlos Campbell

📅 Apr 2, 2026·⏱ 3 min read·Engadget ↗

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CFTC sues three states for trying to regulate prediction markets

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CFTC sues three states for trying to regulate prediction markets

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