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⚖️ #MinnesotaPredictionMarketBanBlocked
A U.S. federal judge has temporarily blocked Minnesota from enforcing its first-in-the-nation ban on prediction markets, ruling that federal law likely takes precedence while the case proceeds. As a result, platforms such as Kalshi and Polymarket can continue operating in the state for now.
The decision marks another significant development in the ongoing debate over whether prediction markets should be regulated by individual states or exclusively by the U.S. Commodity Futures Trading Commission (CFTC). The legal battle is expected to continue, with broader implications for the future of event contracts across the United States.
#PredictionMarkets #Kalshi #Polymarket