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New York Federal Court Rules That States Have the Right to Ban Market Prediction, Rejects Kalshi's Defense
2026-08-29 05:33:40
According to CoinMeta, as reported by Coindesk, the New York Federal Court ruled that states have the authority to prohibit predictive market businesses in accordance with local insurance regulations and anti-gaming laws, dismissing Kalshi's argument regarding the precedence of federal regulations.
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Source：Internet
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