[Coinbase CLO: Hearing Scheduled Next Week Regarding Nevada's Block on Prediction Market Contracts Launch] Odaily Planet Daily News - Coinbase Chief Legal Officer Paul Grewal stated on the X platform that the U.S. Congress has granted exclusive jurisdiction to the Commodity Futures Trading Commission (CFTC) over the launch of related prediction market contracts. The latest update is that a hearing in the Nevada federal court has been scheduled for next week. He also expressed gratitude for the court's handling of the matter. Paul Grewal previously mentioned that Nevada regulators attempted to unilaterally block the launch of any event-based prediction market contracts without giving Coinbase the opportunity to defend itself, emphasizing that due process should at least include the right to a hearing.