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#state-gambling-laws News & Analysis

2 articles tagged with #state-gambling-laws. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles
CryptoBearishCoinDesk · Jun 127/10
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Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations

Former SEC and CFTC Chair Gary Gensler has joined other regulatory advocates in arguing that prediction markets should not bypass state gambling and sports betting regulations, even as these platforms expand offerings. The position reflects ongoing tension between decentralized finance platforms and traditional regulatory frameworks over jurisdictional authority.

Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
GeneralBullishDecrypt – AI · May 277/10
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Trump Backs CFTC Over Prediction Markets, Calls State Officials ‘Scum’

President Trump has publicly backed the CFTC's authority over prediction markets, opposing state-level attempts to regulate them under gambling laws. The endorsement strengthens federal oversight while Trump criticized state officials pursuing alternative regulatory frameworks.

Trump Backs CFTC Over Prediction Markets, Calls State Officials ‘Scum’