U.S. CFTC sues New York State for control over prediction market regulation
By: www.chaincatcher.com|2026/04/27 14:46:38
0
Share
Prefer us on Google
According to The Wall Street Journal, the Commodity Futures Trading Commission (CFTC) has filed a lawsuit against the state of New York in the federal district court for the Southern District of New York, seeking a court ruling that the CFTC has exclusive regulatory authority over prediction markets to prevent New York's crackdown.
Previously, New York state had filed lawsuits against the prediction market operations of cryptocurrency exchanges Coinbase and Gemini. Earlier this month, the CFTC also filed lawsuits on similar issues against Arizona, Illinois, and Connecticut, as the jurisdictional disputes between federal and state regulatory agencies continue to escalate.
-- Price
--
--
--
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Gemini Partners with Apex to Expand Crypto Event Contract Business
Ripple CEO Calls for Redesign of Digital Asset Regulations
Gemini 3.7 Flash Breaks Growth Record in Its First Week
Roman Storm Accuses Google and OpenAI of Enabling North Korea
Roman Storm highlights the flawed logic in the case against him and the role of tech giants in North Korea's funding efforts.… read more
Japan Considers Fugu as Domestic AI for Self-Defense Forces, Command Model Based on Qwen
SemiAnalysis: Gemini 3 Pro May Mark Google's Competitive Peak, Cloud Business to Benefit Most
Yang Likun Establishes VC Firm 224 Ventures with Over $100 Million in Assets Under Management
Yanyu Technology Plans IPO in Hong Kong, New Financing Valuation Reaches $3 Billion
$11.9 Million Outflow from Ethereum ETFs, Major Investors Continue Buying
💸 The three-day inflow series in U.S. spot Ethereum ETFs ended with a net outflow of $11.9 million. 🐋 A whale directed all 19,000 ETH withdrawn from Gemini to staking. 🏦 BitMine increased its total holdings to 5.79 million ETH by purchasing an additional 10,399 ETH.
Telegram Returns to Apple App Store, SK Hynix and Others Sell Out DRAM Capacity, Traders Bet BTC Won't Break $70,000
Gemini Launches Global Voice Input Feature for Mac
Data: Recently listed cryptocurrency companies' stock prices have fallen 73% from their average highs, with Gemini dropping over 90%
According to a report by 10x Research, the stock prices of recently listed cryptocurrency-related companies have generally fallen sharply from their post-listing highs. Among them, Gemini (GEMI) has dropped by 91%, Amber (AMBR) has decreased by 89%, BitGo (BTGO) has fallen by 79%, Circle (CRCL) has ...
The UK FCA warns that financial AI regulation is facing an "arms race" and seeks new powers to regulate models like ChatGPT
According to the Financial Times, the UK's Financial Conduct Authority (FCA) has warned that regulation of artificial intelligence in the financial sector is facing an "arms race" and urged for new powers to regulate ChatGPT, Claude, and Gemini.
Due to the shortage of computing power, Google restricts Meta's use of the Gemini AI model
According to a report by the Financial Times cited by Jinshi, Google has imposed limits on Meta's use of its Gemini AI model, as Meta's computing power exceeds what Google can provide.The report states that Google informed Meta around March that it could not meet all of the Gemini computing power th...
Gemini +17% founder BTC bet, Coinbase CLARITY bill sells facts -7.6%, Mubadala IBIT increases to $566 million
According to BBX data, last weekend Gemini and BlackRock released Q1 data, with the following core dynamics:Gemini (NASDAQ: GEMI): Q1 revenue of $50.3 million (+42%, exceeding expectations), EPS -$0.93 (better than -$1.03); $100 million BTC strategic investment (1,258 BTC, $14/share); credit card +3...
Coinbase, Kraken, and Gemini urge the Senate to remove restrictions on cryptocurrency token listings
Centralized exchanges Coinbase, Kraken, and Gemini urged U.S. Senate lawmakers to remove specific provisions in the Digital Asset Market Structure Bill. The provision restricts trading platforms from listing tokens that are susceptible to market manipulation. The exchanges submitted amendments reque...
In April, the user growth of Gemini and Claude was steady, while the growth rate of ChatGPT continued to slow down
The latest report released by Bank of America (BofA) indicates that in April, the user growth of Gemini and Claude was robust, while the growth rate of ChatGPT continued to slow down. The report stated: In terms of U.S. web traffic, Google saw a year-on-year increase of 2% to 546 million visits, Cha...
Gemini obtains CFTC derivatives clearing organization license, accelerating the construction of a full-stack compliant derivatives platform
According to The Block, Gemini's Olympus division has officially obtained a Derivatives Clearing Organization (DCO) license issued by the Commodity Futures Trading Commission (CFTC), allowing it to act as an internal clearinghouse for settlement, risk management, and collateral management without re...
Coinbase moves New York prediction market lawsuit to federal court
Coinbase Chief Legal Officer Paul Grewal stated that the company has moved the lawsuit filed by New York Attorney General Letitia James regarding its prediction market business from state court to federal court, claiming that the case involves disputes at the federal legal level.The lawsuit accuses ...
New York Attorney General sues Coinbase and Gemini, accusing them of illegal gambling for predicting markets
Letitia James has filed a lawsuit against Coinbase and Gemini, accusing them of providing "disguised gambling" services through their prediction market platforms, in violation of New York state law.Regulators believe that such trades based on event outcomes (such as sports and elections) essentially...
Market news: New York sues Coinbase and Gemini for allegedly violating state laws
According to market news, court records show that the state of New York has sued cryptocurrency trading platforms Coinbase Financial Markets and Gemini Titan, accusing them of violating the state's administrative laws.
The American law firm Bernstein Liebhard has filed a class action lawsuit against Gemini, accusing it of false disclosures regarding its IPO
According to Globenewswire, the American law firm Bernstein Liebhard has announced that it has filed a securities fraud class action lawsuit on behalf of investors against the Nasdaq-listed cryptocurrency exchange Gemini Space Station, alleging that Gemini made false statements regarding its busines...
A certain giant whale transferred 5,500 bitcoins worth $366 million after hibernating for 5 years
According to monitoring by Lookonchain, the whale bc1quv transferred 5,500 bitcoins (worth $366 million) to a new wallet after being dormant for 5 years. These 5,500 bitcoins were transferred from Gemini 6 years ago, with an average transfer price of about $7,129.
Ruisui lowers Gemini's target stock price by over 50% due to weak trading dragging down core business growth
According to The Block, Mizuho Financial Group has lowered the target stock price for cryptocurrency exchange Gemini from $26 to $12, a decrease of over 50%, citing that weak trading activity is expected to drag down its core business, despite continued growth in its credit card business.Analysts no...
The cryptocurrency exchange platform Gemini has laid off about 30% of its staff and is introducing AI tools to improve productivity
According to Bloomberg, cryptocurrency exchange platform Gemini stated that its workforce has shrunk by about 30% since layoffs at the beginning of the year and is introducing artificial intelligence tools to improve productivity. Gemini lost over $500 million last year.As of March 1, the company fo...
Three whales have withdrawn a total of 16,728 ETH from CEX
According to Onchain Lens monitoring, whales are accumulating ETH, with three whales collectively withdrawing a total of 16,728 ETH from CEX:Whale "0x46D" withdrew 9,220 ETH from OKX (9.55 million USD).Whale "0xb37" withdrew 5,000 ETH from Gemini (approximately 10.41 million USD).Whale "0xC4F" withd...
Binance.US appoints seasoned compliance professional Stephen Gregory as CEO
According to CoinDesk, Binance's U.S. subsidiary Binance.US has appointed seasoned compliance professional Stephen Gregory as CEO, effective March 9, succeeding Norman Reed, who will remain as an advisor. Gregory has held leadership positions at Currency, Gemini, and CEX.io.Under Gregory's leadershi...
Over 85 digital asset companies, including Circle and Binance, have joined Mastercard's cryptocurrency partner program
According to Bloomberg, Mastercard is recruiting over 85 digital asset companies, payment providers, and financial institutions to join a new global partnership program, which includes Circle, Binance, and Gemini.The program aims to maintain the connection between crypto payments and the Mastercard ...
Warning: Chrome vulnerability allows malicious extensions to escalate privileges through the Gemini panel. Please upgrade to the fixed version immediately
GoPlus has released a security alert that a vulnerability in the Chrome browser allows malicious extensions to escalate privileges through the Gemini panel. Please upgrade your Chrome browser to version 143.7499.192 or above immediately.This vulnerability allows malicious extensions to control the G...
Gemini Partners with Apex to Expand Crypto Event Contract Business
Ripple CEO Calls for Redesign of Digital Asset Regulations
Gemini 3.7 Flash Breaks Growth Record in Its First Week
Roman Storm Accuses Google and OpenAI of Enabling North Korea
Roman Storm highlights the flawed logic in the case against him and the role of tech giants in North Korea's funding efforts.… read more
Japan Considers Fugu as Domestic AI for Self-Defense Forces, Command Model Based on Qwen
SemiAnalysis: Gemini 3 Pro May Mark Google's Competitive Peak, Cloud Business to Benefit Most
...
Contents
Latest articles
08/24/2026
08/24/2026
Latest coin listings on WEEX
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
