Coinbase déplace le procès du marché prédictif de New York vers la cour fédérale

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Mars Finance reports that Coinbase Chief Legal Officer Paul Grewal stated that the company has moved the lawsuit filed by New York Attorney General Letitia James against its prediction market business from state court to federal court, citing that the case involves disputes at the federal legal level. The lawsuit accuses Coinbase and Gemini’s prediction market products of violating New York gambling laws by allowing users to participate in trading events related to sports, entertainment, and elections without proper licensing. Coinbase believes that prediction markets should be uniformly regulated by the U.S. Commodity Futures Trading Commission (CFTC) and will continue to advocate for federal regulatory recognition. The case involves the division of regulatory authority between state and federal levels and could have significant implications for the regulatory framework of prediction market platforms.

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