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Utah set to block prediction markets as state-federal tensions rise

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Utah set to block prediction markets as state-federal tensions rise
« on: March 12, 2026, 11:35:22 PM »
Utah set to block prediction markets as state-federal tensions rise

Utah set to block prediction markets as state-federal tensions rise

CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.


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