Crypto.com Prediction Exchange Seeks Federal Shield Ahead of Washington Crackdown

AI Summary The Crypto.com-affiliated exchange behind OG has sued Washington officials before the state takes enforcement action against its prediction markets. The complaint argues that federal commodities law protects OG from state gambling rules and cites Washington’s successful injunction against Kalshi as an imminent threat. OG invokes CFTC’s Michigan intervention North American Derivatives Exchange Inc., which does […] fulltext: 434 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-com-prediction-exchange-seeks-federal-shield-ahead-of-washington-crackdown/ Source: Bitcoin.com News