CFTC Sues New York to Stop It From Treating Prediction Markets as Gambling
The CFTC filed a lawsuit against New York on April 24 in the Southern District of New York, seeking a permanent injunction to stop the...
Tag : York
CFTC sues New York as prediction market fight escalates
The Commodity Futures Trading Commission has sued New York over its effort to apply state gambling laws to prediction market platforms. Summary The CFTC says...
CFTC sues New York over bid to apply gambling laws to prediction markets
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally regulated...
MoonPay launches fiat-to-stablecoin virtual accounts in New York
MoonPay has launched fiat-to-stablecoin virtual accounts in New York, allowing businesses to convert incoming funds from bank rails such as ACH and SWIFT into stablecoins...
New York, Illinois sign EO banning state employees from prediction markets
New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois earlier...
New York, Illinois Ban Government Employees From Insider Trading on Prediction Markets
In brief New York and Illinois banned government employees from using insider information to trade on prediction markets. The moves come as both states challenge...
Coinbase shifts New York prediction markets fight to federal court
Coinbase’s chief legal officer, Paul Grewal, said Wednesday that the company had removed New York Attorney General Letitia James’ prediction markets lawsuit from state court...
New York Sues Coinbase and Gemini Over Prediction Markets, Seeking Billions in Damages
The state of New York filed a pair of high-stakes lawsuits Tuesday against Coinbase and Gemini, arguing the crypto companies violated state gambling laws by...
New York targets Coinbase, Gemini in fresh crackdown on prediction markets
New York’s attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according to...
New York targets Coinbase and Gemini in fresh compliance clash
New York has sued Coinbase Financial Markets and Gemini Titan for alleged state law violations, extending the state’s aggressive campaign against major crypto platforms. Summary...