Coinbase Escalates Regulatory Fight With Lawsuit Against Three States

Coinbase Global Inc. has sued the states of Michigan, Illinois, and Connecticut in federal court, asking judges to stop state regulators from treating prediction markets as illegal gambling. The ex...

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Coinbase Escalates Regulatory Fight With Lawsuit Against Three States

Source: Bitcoinist.com

Coinbase Global Inc. has sued the states of Michigan, Illinois, and Connecticut in federal court, asking judges to stop state regulators from treating prediction markets as illegal gambling. The exchange says those matters should be regulated by the federal Commodity Futures Trading Commission (CFTC), not by state gaming authorities. Related Reading: 210 Bitcoin Land On […]