Polymarket has filed a lawsuit against Massachusetts regulators, asserting that the Commodity Futures Trading Commission (CFTC) is the sole authority over prediction markets. The legal action challenges the state's regulatory stance, emphasizing that prediction markets fall under federal jurisdiction as per Polymarket's interpretation. This move highlights ongoing jurisdictional disputes in the rapidly evolving landscape of prediction markets.
Polymarket Sues Massachusetts Regulators Over Prediction Market Authority
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