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Louisiana Judge Orders Kalshi, Polymarket to Halt Event Contracts

News.Bitcoin.com
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Louisiana Judge Orders Kalshi, Polymarket to Halt Event Contracts

A Louisiana state judge has temporarily barred Kalshi, Polymarket U.S., Robinhood, Coinbase and other companies that offer prediction markets from offering event contracts to anyone in the state, hours after Attorney General Liz Murrill sued them. The order also requires the companies to geofence Louisiana, despite the CFTC telling exchanges this month to drop such […]

Key Takeaways

  1. A Louisiana state judge has temporarily barred Kalshi, Polymarket U.S., Robinhood, Coinbase and other companies that offer prediction markets from offering event contracts to anyone in the state, hours after Attorney General Liz Murrill sued them.
  2. The order also requires the companies to geofence Louisiana, despite the CFTC telling exchanges this month to drop such […]
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.