Cft News

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United States

Minnesota Becomes First U.S. State to Outlaw Prediction Markets, Triggering Federal Legal Battle.

May 20, 2026 at 6:10 AM

Minnesota has enacted a strict ban on prediction markets, categorizing them as illegal gambling, but the CFTC has launched a legal challenge, arguing the state is overstepping its jurisdiction and interfering with federal regulatory authority.

10 sources

Minnesota Becomes First U.S. State to Outlaw Prediction Markets, Triggering Federal Legal Battle

Image Credit : nytimes.com

Technology

Sri Lanka Sets New Standard for Global Crypto Compliance via Strategic Partnership.

Ascent Business Solutions and de Risk Partners have launched Sri Lanka’s first compliance-led Crypto and FinTech Centre of Excellence, aiming to provide high-level regulatory support to global financial markets.

May 7, 2026 at 3:58 AM

9 sources

Local News

Image Source : island.lk

Parliament Demands Accountability Following Alleged Multi-Billion Rupee Fraud at NDB Bank.

May 7, 2026 at 12:17 AM

1 sources

Sports

Image Source : espn.com

Why Prediction Markets Are Blocked from Offering Kentucky Derby Wagers.

May 1, 2026 at 5:17 PM

10 sources

Politics•

April 23, 2026 at 8:37 AM

US State Governors Implement Bans on Prediction Market Insider Trading for Public Workers.

Governors in New York, Illinois, and California have issued executive orders prohibiting state employees from using nonpublic information to profit from prediction markets, citing corruption concerns.

10 sources

Local News

CPA Demands Withdrawal of New AML/CFT Bills Over Oversight and Process Concerns.

April 9, 2026 at 2:12 PM

The Centre for Policy Alternatives (CPA) has called for the withdrawal of new anti-money laundering and counter-terrorism financing bills, citing concerns over insufficient judicial oversight, risks to civil liberties, and an rushed legislative process.