X @The Block

RT Naga Avan-Nomayo (@JeSuisNaga)Coinbase’s push into prediction markets is drawing regulatory heat.🏛️ Nevada’s Gaming Control Board filed a civil suit alleging the exchange offered unlicensed sports betting through event-based contracts tied to sports outcomes via @CoinbasePredict.📜 @coinbase maintains that the products are federally regulated markets, not gambling.🗣️ “It’s the type of state power grab that Congress explicitly prohibited when granting the CFTC exclusive jurisdiction over event contracts,” ...