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Regulatory: A state is moving to ban prediction markets, but advocates are continuing to challenge the decision.

May 20, 2026 - 03:45
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Regulatory: A state is moving to ban prediction markets, but advocates are continuing to challenge the decision.
🚨 Minnesota has become the first state to ban prediction markets like Kalshi and Polymarket, making it a felony to operate or advertise them. But the CFTC is fighting back with a lawsuit against the ban, claiming it undermines federal regulations. This battle over betting on events like sports and elections is heating up! 🔥 #PredictionMarkets #CFTC #Minnesota

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