A federal court decision has halted a law in Minnesota that would have banned prediction markets. The law, which was set to take effect, would have made it a crime to operate or administer such markets. S.

District Judge in Minnesota ruled that the law's implementation would cause harm to operators. The decision is a setback for states trying to regulate prediction market platforms. Further details on the ruling and its implications are available from KPRC 2 / Click2Houston.

S. Commodity Futures Trading Commission.