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Kalshi, Coinbase win partial ruling on Illinois sports contracts
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Kalshi, Coinbase Win Partial Injunction Against Illinois
A federal judge granted Kalshi and Coinbase partial injunctions against Illinois, finding state licensing rules likely conflict with federal law. Wagering fees remain under review. The ruling conflicts with a Wisconsin decision now on appeal to the Seventh Circuit.
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Cryptocurrency News | Cryptocurrency Prices | Market CapKalshi, Coinbase win partial ruling on Illinois sports contracts
The ruling highlights ongoing jurisdictional tensions between state and federal authorities, impacting the future of prediction markets and crypto.
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