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Federal judge blocks Illinois from imposing licenses, fees and taxes on sports event contracts on CFTC-regulated exchanges, WisdomOfWallets reports
- Federal judge blocks Illinois from imposing licenses, fees and taxes on sports event contracts on CFTC-regulated exchanges, WisdomOfWallets reports — WisdomOfWallets, in its November 2 prediction markets roundup, says US District Judge Martha Pacold entered a preliminary injunction stopping Illinois officials from imposing licenses, fees and taxes on sports event contracts listed on CFTC-regulated exchanges, and from bringing enforcement against them. The order formalizes her early October ruling in favor of Kalshi, Coinbase and the CFTC. (WisdomOfWallets)
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