Polymarket and Kalshi Receive Cease-and-Desist Orders in Tennessee

Jan 12, 2026 - 03:45
Polymarket and Kalshi Receive Cease-and-Desist Orders in Tennessee
Tennessee orders Polymarket, Kalshi, and Crypto.com to halt sports prediction markets, signaling tighter U.S. regulatory scrutiny. Polymarket and Kalshi, two crypto prediction platforms, have been hit with cease and desist orders from the Tennessee Sports Wagering Council. This action is part of a growing regulatory crackdown on prediction markets, with the platforms now being asked...

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