US judge temporarily blocks Minnesota prediction market ban
Covered by 7 sources · 7 articles
7 outlets - including Thecoinrepublic, Bitcoin and Bankless and 4 more - are covering this story. Key Insights Kalshi secured temporary relief on July 27 after a federal judge blocked Minnesota’s prediction market ban. U.S. District Judge Katherine Menendez found federal commodities law likely preempted parts of the state statute. The r…
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Kalshi Wins as Judge Blocks Minnesota Prediction Markets Ban
Key Insights Kalshi secured temporary relief on July 27 after a federal judge blocked Minnesota’s prediction market ban. U.S. District Judge Katherine Menendez found federal commodities law likely preempted parts of the state statute. The r…
Minnesota Judge Blocks Prediction-Market Ban but Says Some Contracts Aren’t Swaps
U.S. District Judge Katherine Menendez blocked Minnesota from enforcing the first state felony ban on prediction markets days before its Aug. 1 start. The ruling gives Kalshi and Polymarket US broad temporary protection, even as the judge f…
Judge Blocks Minnesota's Prediction Market Ban
A federal judge blocked Minnesota's prediction market ban, ruling it preempted by federal law, hours after Kalshi lost a separate motion in NY.
Federal Judge Blocks Minnesota’s First-of-its-Kind Prediction Market Ban
A federal judge ruled that Minnesota cannot enforce its ban on prediction markets Kalshi and Polymarket, finding the state law likely conflicts with federal.
Federal judge blocks Minnesota prediction market ban days before launch
A state law doesn’t get blocked by a federal judge every day — and when the Minnesota prediction market ban nearly took effect this Saturday, the courts stepped in first. US District Judge Katherine Menendez issued a preliminary injunction…
Federal Judge Blocks Minnesota’s Kalshi, Polymarket Ban Days Before Rollout
The injunction pauses the first state law to criminalize prediction markets, four days before it was set to take effect, on the finding that Kalshi, Polymarket, and the CFTC are likely to win on federal-preemption grounds.
US judge temporarily blocks Minnesota prediction market ban
The preliminary injunction allows Kalshi and Polymarket US to continue operating in Minnesota while the court considers their challenge to the state law.