The state says proposed sports listings from the crypto exchange operator must be regulated by the Illinois Gaming Board and not the CFTC.
Illinois argues Coinbase’s sports contracts are bets, not federally regulated derivatives. The decision could change how ...
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Coinbase sues three states after regulators target prediction markets as ‘illegal gambling’
Coinbase (COIN) has launched a multi-state legal offensive to prevent local gaming regulators from shutting down the burgeoning prediction market industry. On Friday, December 19, 2025, the exchange ...
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