CFTC Sues Minnesota to Block Law Criminalizing Prediction Markets

The Commodity Futures Trading Commission (CFTC) sued Minnesota on Tuesday to block a new state law that would make operating a prediction market a criminal felony. Governor Tim Walz signed the legislation, which the CFTC describes as the most aggressive state effort to shut down its regulated markets. The law also criminalizes weather-related event contracts The post CFTC Sues Minnesota to Block Law Criminalizing Prediction Markets appeared first on BeInCrypto.