Gary Gensler Backs States in Fight Over Prediction Market Regulation – Decrypt
In brief Gary Gensler, one of crypto’s most aggressive regulators, has emerged as an ally of states challenging the CFTC-backed prediction market industry. Gensler said concerns over gambling and addiction should be left to the states. As the legal fight spreads across states, tribes, gaming groups, and state regulators are increasingly challenging Kalshi’s claim of...
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