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CFTC has sued ten states over prediction market enforcement as it defends federal preemption in Utah case, BitcoinCasinos reports

  • CFTC has sued ten states over prediction market enforcement as it defends federal preemption in Utah case, BitcoinCasinos reports — The CFTC's lawsuit against Utah is the tenth state proceeding it has initiated over prediction markets, alongside briefs in five courts, as the agency argues federal registration preempts state gambling law for event contracts. (BitcoinCasinos)

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