@vitalii1990
Coinbase has filed lawsuits in Connecticut, Michigan and Illinois over the regulation of betting platforms.
The company is challenging the authority of state gaming regulators.
The exchange believes that jurisdiction belongs to the CFTC, not individual states.
Cryptocurrency exchange Coinbase has filed lawsuits in Connecticut, Michigan and Illinois. The goal is to prevent local regulators from controlling the operation of prediction markets. This was reported by the company's general counsel Paul Grewal.