COINDESK · 2026-11-06 17:43 UTC

U.S. prediction markets regulator issues demand that clashes directly with courts

The U.S. Commodity Futures Trading Commission says exchanges such as Kalshi and Polymarket may not cut off customers based on geography and must operate nationwide. DCMs have 30 days to reopen closed regions or explain to the agency why that is not feasible. Recent court rulings, including Second Circuit and Ninth Circuit decisions, have gone against the prediction markets firms and the CFTC's position.

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