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CFTC challenges state access restrictions with 30-day deadline for prediction markets

The guidance, issued Thursday through a formal interpretation of the agency's impartial access requirements for designated contract markets, says location alone should not be used to deny access within the United States. Operators such as Kalshi, Polymarket and Crypto.com have restricted access in states including Michigan in response to legal and regulatory disputes.

Prediction-market operators have 30 days to remove state-level geographic restrictions or explain why they cannot comply, according to iGamingToday’s reporting on guidance from the CFTC.

The guidance, issued Thursday, takes the form of a formal interpretation of the agency’s impartial access requirements for designated contract markets. It says a user’s location alone should not justify denying access within the United States.

Federal access requirements meet state disputes

Operators including Kalshi, Polymarket and Crypto.com have restricted access in states including Michigan in response to legal and regulatory disputes, according to iGamingToday.

The CFTC’s direction puts those restrictions under scrutiny. It calls for operators either to lift the blocks within the stated period or to explain why compliance is not possible, rather than providing an unconditional timetable for access to resume everywhere.

What it means for prediction markets

  • Access is the immediate issue: The guidance concerns geographic eligibility to use designated contract markets within the United States.
  • The 30-day deadline has two possible responses: Operators may remove state blocks or explain why they cannot comply. The deadline alone does not establish that every restriction will disappear.
  • State disputes remain relevant: Restrictions imposed amid legal and regulatory disputes, including those affecting Michigan, are central to how operators respond.
KalshiPolymarketCFTCInfiniti MarketsInfiniti Signals

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