Coinbase Sues 3 States as Prediction Markets Trigger Federal Versus Gambling Law Clash

Coinbase is escalating a high-stakes legal fight over prediction markets, arguing federal law — not state gambling rules — governs event contracts, a clash that could reshape U.S. financial innovation, regulatory authority, and market access. Coinbase Challenges State Gambling Laws Over Prediction Markets Prediction markets are increasingly shaping debates over financial innovation, market structure, and […]