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Coinbase Sues Illinois, Michigan, and Connecticut Over Prediction Market Crackdown
Coinbase’s announcement of a new partnership with Kalshi to enter prediction markets was made just a day before the lawsuits were filed. Coinbase has filed lawsuits against Illinois, Michigan, and Connecticut, while challenging state efforts to regulate prediction markets and asking federal courts to clarify who has oversight authority. In its filings, the crypto exchange...
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