Tag: Unlicensed

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New York Sues Coinbase, Gemini Over Unlicensed Markets

New York's attorney general has filed lawsuits against crypto exchange operators Coinbase Financial Markets and Gemini Titan for allegedly violating state gambling laws, according...

New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets

New York AG Letitia James filed suit against Coinbase and Gemini, alleging their prediction market platforms constitute illegal gambling operations lacking state licenses.New York...

Russia Proposes Legislation To Criminalize Unlicensed Crypto Operations

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure In a recent development, the Russian government has introduced a bill before...

Nevada Judge Extends Kalshi Ban, Rules Event Contracts Unlicensed Gambling

A Nevada judge has reportedly extended a ban preventing Kalshi from offering event-based contracts in the state, ruling that the products constitute unlicensed gambling...

Arizona Challenges Kalshi’s Federal Status With Unlicensed Gambling Charges

Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within...

Dubai Regulator Warns KuCoin Over Unlicensed Crypto Services

Dubai’s digital asset regulator has instructed entities behind crypto exchange KuCoin to halt unlicensed virtual asset services in the emirate, warning investors that the...

Nevada Authorities File Lawsuit against Coinbase over Unlicensed Wagering

The enforcement action over wagers on sports event contracts followed Coinbase announcing the launch of prediction markets in all 50 US states.Cointelegraph is committed...

Ukraine Blocks Polymarket, Labels Platform for Offering Unlicensed Gambling

Ukraine has blocked access to the prediction market platform Polymarket, classifying its activities as unlicensed gambling under national law. The decision was issued by...