ESMA and States Clash Over Prediction Markets | Bitcoin and Crypto News

ESMA is cracking down on prediction markets in Europe, warning that if they resemble binary options with fixed payouts, they’re already illegal for retail investors — no rebranding allowed. Meanwhile, in the U.S., a fierce battle rages between state regulators and the CFTC over jurisdiction, with eleven states launching legal actions against platforms like Kalshi and Polymarket, even prompting temporary shutdowns and criminal charges — while the CFTC insists it alone holds the authority, potentially setting the stage for a Supreme Court showdown. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d94e68b08e96b0d8