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Kalshi Sues Minnesota, CFTC Files Against Rhode Island as Prediction Markets Legal Battles Continue

Posted on May 28, 2026
By Cointelegraph
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1 min read

Kalshi Sues Minnesota, CFTC Files Against Rhode Island as Prediction Markets Legal Battles Continue

Kalshi, CFTC Chair Michael Selig, and US President Donald Trump all made public statements this week supporting federal regulation over prediction markets in response to state-level legal actions.