New York sues Coinbase, Gemini over prediction market offerings ⚖️ New York AG has sued Coinbase & Gemini, calling their prediction markets “illegal gambling” under state law 🎯 Allegations include operating without licenses and allowing users under 21 to participate 🚨 Coinbase hits back, pushing the case to federal court - highlighting a bigger battle over state vs federal crypto regulation Source: CoinDesk & CryptoTimes #CryptoMarkets #Regulation #DeFi #Blockchain @coinbase @Gemini
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