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CFTC tells prediction market exchanges they cannot cut off customers by state and gives firms 30 days to restore nationwide access, CoinDesk reports
- CFTC tells prediction market exchanges they cannot cut off customers by state and gives firms 30 days to restore nationwide access, CoinDesk reports — CoinDesk reports the Commodity Futures Trading Commission, under Chairman Mike Selig, says designated contract markets such as Kalshi and Polymarket cannot geofence customers out by state, setting up a clash with court orders in states including Nevada, Washington and Michigan. Firms have 30 days to reopen closed regions or explain why that is not feasible. (CoinDesk)
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