The battle for control of the prediction markets space is heading to the Supreme Court, with some claiming the Commodity Futures Trading Commission (CFTC) may have a key advantage over the states.
The struggle continues to take twists, with states claiming that platforms like Kalshi and Polymarket are offering unlicensed sports betting.
Legal experts in the US are pointing out that the CFTC could hold a significant advantage over the states in the upcoming Supreme Court battle related to prediction markets.