Paul Grewal|Apr 23, 2026 22:11
Congress was clear - consumers deserve uniform, federal oversight over derivatives markets.
As the Third Circuit held, state enforcement that seeks to prohibit prediction markets - like Wisconsin's lawsuit today against @Coinbase and others - "is exactly the patchwork that Congress replaced wholecloth by creating the CFTC".
Wisconsin should accept clear and consistent CFTC oversight of prediction markets - just as Congress intended.(Paul Grewal)
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