The Hill
US · 4 hrs ago
✦ 78◉ Centre
Trump administration sues over Minnesota prediction markets ban
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Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
The Trump administration's Commodity Futures Trading Commission sued Minnesota over a new state law banning prediction markets, asserting federal regulatory exclusivity over platforms like Kalshi and Polymarket.
Trump administration sues over Minnesota prediction markets ban
The Trump administration sued Minnesota on Tuesday over the state’s new law banning prediction markets. The Commodity Futures Trading Commission (CFTC) has repeatedly sued states in recent months over efforts to regulate or restrict the platforms, arguing it has exclusive jurisdiction over sites like Kalshi and Polymarket. “If Minnesota’s law is permitted to go into…
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