Illinois had issued cease-and-desist letters to Kalshi, Robinhood, and Crypto.com in April over sports event contract offerings.
Coinbase has filed federal lawsuits in Connecticut, Michigan, and Illinois, challenging state attempts to block prediction markets and noting that federal regulators hold exclusive jurisdiction over the trading platforms.
The crypto exchange filed co… [3393 chars]
Source: Decrypt | Published: 2025-12-19T13:03:05Z
Credit: Decrypt
