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Morning Edition · Friday, September 25, 2026Published at 9:11 AM EDT · New York
New York Sues Polymarket, Calling Its Prediction Contracts Unlicensed Gambling
Attorney General Letitia James and Governor Kathy Hochul want the platform barred from operating in the state without a gambling license and its alleged gains recovered.
New York State sued Polymarket, alleging the prediction market operates an illegal gambling business. The complaint asks a court to block the platform from operating without a gambling license and to recover allegedly illegal gains. Attorne…
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Regulatory Perimeter for Crypto Hardens in EU and US
Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.
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