Connecticut Orders Kalshi, Robinhood, and Crypto.com to Halt 'Unlicensed' Online Gambling – Decrypt
In brief Connecticut’s consumer protection agency directed Robinhood, Crypto .com and Kalshi to stop offering sports event contracts to residents. The state warned that continuing operations could trigger civil penalties and potential criminal exposure under gaming laws. The action arrives as courts weigh whether prediction markets fall under gambling statutes or federal derivatives oversight. Connecticut’s...
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