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Missouri hits Polymarket and Kalshi with cease-and-desist orders, Bitcoin.com News reports

  • Missouri hits Polymarket and Kalshi with cease-and-desist orders, Bitcoin.com News reports — Missouri Attorney General Catherine Hanaway sent cease-and-desist letters to Polymarket, Kalshi, Crypto.com, Novig, Underdog and Robinhood, calling on them to stop offering sports event contracts to Missourians or face enforcement in 30 days. The state says the contracts dodge sports gambling rules, license fees and a 10 percent tax, and cannot be labeled event contracts to skirt compliance. (Bitcoin.com News)

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