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CFTC sues Utah as battle over prediction market regulation intensifies

TLDR — The CFTC is escalating its legal fight with states, suing Utah after the state filed a lawsuit against prediction market platform Kalshi.

Signal data▼ Bearishconfidence 75%Medium materiality
AssetEventregulationEvent timeAttention0 readers/hrNormalSmart readers0

The CFTC is escalating its legal fight with states, suing Utah after the state filed a lawsuit against prediction market platform Kalshi.

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