2026-01-13 15:30:00

Tennessee's sports wagering regulator has taken action against prediction market platforms. On January 9th, cease-and-desist orders were issued to Kalshi, Polymarket and related operators, demanding they immediately halt sports betting contract offerings to state residents. Existing contracts must be voided, with full refunds required by January 31, 2026. The regulatory body cited unlicensed wagering operations in violation of Tennessee state law. This enforcement move highlights the ongoing tension between decentralized prediction platforms and traditional gaming regulators, signaling stricter compliance requirements for crypto derivatives trading in U.S. jurisdictions.

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CommunityLurker

· 5h ago

Once again, the regulatory stick has fallen. The prediction market will really have to tuck in its tail this time.

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FUDwatcher

· 01-13 16:00

Regulation is coming again, this time it's Kalshi and Polymarket's turn. The US is really going to clamp down hard on prediction markets.

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FlatlineTrader

· 01-13 15:59

Tennessee is causing trouble again, with Polymarket and Kalshi directly banned. This is the fate of gambling enthusiasts.

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GasFeeCrier

· 01-13 15:59

Here we go again. Traditional regulators just can't get a handle on decentralization. This time, Polymarket and Kalshi have really been shut down.

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WalletDivorcer

· 01-13 15:59

Here we go again, regulatory authorities only know how to crack down on prediction markets... Kalshi and Polymarket have truly been shut down this time.

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LiquidatedNotStirred

· 01-13 15:54

Here we go again, this time Kalshi and Polymarket are being targeted by Tennessee.

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OfflineNewbie

· 01-13 15:50

Here we go again, regulators are once again targeting prediction markets. Polymarket is really going to be taken down this time.

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StakeOrRegret

· 01-13 15:36

Here we go again, this time targeting Polymarket. It's really getting annoying.