Tennessee authorities have mandated that prediction market platforms including Kalshi and Polymarket cease offering sports betting services. Platforms must comply or face enforcement penalties and mandatory refund obligations. The regulatory action marks another significant compliance challenge for decentralized prediction markets in the US.
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GasFeeTherapist
· 14h ago
Here we go again. The US is cracking down on prediction markets again, with Kalshi and Polymarket directly banned and forced refunds? The regulatory crackdown is pretty intense.
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AirdropAutomaton
· 14h ago
Here we go again. As soon as the US issues an order, prediction markets have to obediently admit defeat? Kalshi and Polymarket are probably going to be fined this time, right?
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CountdownToBroke
· 14h ago
Here we go again. In the US, each state has its own regulations, and Kalshi and Polymarket have to bow their heads once more.
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MultiSigFailMaster
· 14h ago
Here we go again, Tennessee, are you trying to push everyone onto the chain?
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SilentObserver
· 14h ago
Here we go again, the US keeps banning things... Relying on regulation probably won't kill these platforms, right?
Tennessee authorities have mandated that prediction market platforms including Kalshi and Polymarket cease offering sports betting services. Platforms must comply or face enforcement penalties and mandatory refund obligations. The regulatory action marks another significant compliance challenge for decentralized prediction markets in the US.