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Morning Edition · Friday, September 25, 2026Published at 1:49 AM EDT · New York
New York Sues Polymarket, Calling Its United States Prediction Market Unlicensed Gambling
Attorney General Letitia James asks a state court to shut down QCX LLC's event contracts and to recover three times the gains plus penalties of $100,000 per violation.
New York Attorney General Letitia James filed suit against Polymarket on 24 September, asking a state court to stop QCX LLC, which trades as Polymarket US, from offering event contracts to residents. The complaint characterizes the business…
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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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