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US CFTC sues Wisconsin, claiming exclusive jurisdiction over prediction markets

( April 29, 2026, 21:19 GMT | Official Statement) -- MLex Summary: The US Commodity Futures Trading Commission filed a lawsuit against Wisconsin in response to the state’s lawsuits against Kalshi, Polymarket, Crypto.com, Robinhood and Coinbase. “States cannot circumvent the clear directive of Congress,” Chairman Michael S. Selig said. “Our message to Wisconsin is the same as to New York, Arizona, and others: if you interfere with the operation of federal law in regulating financial markets, we will sue you.”Statement follows in full. Also see attached file. ...

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