CFTC sues Wisconsin over prediction market regulations

The Commodity Futures Trading Commission (CFTC) sued Wisconsin and cardinal authorities officials Tuesday implicit their caller crackdown connected prediction markets, arguing the national regulator has exclusive jurisdiction implicit the platforms. The bureau took purpose astatine the Badger State for suing 5 prediction markets — Coinbase, Kalshi, Robinhood, Polymarket and Crypto.com — for allegedly moving illegal…