U.S. District Judge Katherine Menendez blocked Minnesota from enforcing the first state felony ban on prediction markets days before its Aug. 1 start. The ruling gives Kalshi and Polymarket US broad temporary protection, even as the judge found that entertainment and other contracts may fall outside federal swap regulation. A broad injunction built on a […]Minnesota Judge Blocks Prediction-Market Ban but Says Some Contracts Aren’t Swaps
U.S. District Judge Katherine Menendez blocked Minnesota from enforcing the first state felony ban on prediction markets days before its Aug. 1 start. The ruling gives Kalshi and Polymarket US broad temporary protection, even as the judge found that entertainment and other contracts may fall outside federal swap regulation. A broad injunction built on a […]