Business & Economy · 26 views
How Minnesota Became the Front Line in the Fight Over Prediction Markets
The state was the first to pass a law banning Kalshi and Polymarket. A lawsuit filed by a federal agency may set a precedent on who gets to regulate them.
AI Summary
Minnesota became the first state to enact a law prohibiting the operation of prediction‑market platforms Kalshi and Polymarket. A federal agency has filed a lawsuit that could determine which authority has jurisdiction over regulating such markets.
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