Minnesota’s Prediction Market Ban Hits Legal Roadblock After Federal Court Ruling
Jul 28, 2026
< 1 min read
by Chayanika Deka
for CryptoPotato

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AI Overview
A federal judge has temporarily blocked Minnesota from enforcing a first-of-its-kind law that would have banned prediction markets, delivering a legal win for Kalshi, Polymarket and the CFTC. The ruling lowers near-term regulatory risk for crypto and DeFi prediction markets, supports ongoing adoption and operations, and could set an important precedent for regulation of prediction market products.
Bullish
A federal judge has temporarily blocked Minnesota from enforcing a first-of-its-kind law that would have prohibited prediction markets in the state.
The latest decision hands a temporary legal victory to Kalshi, Polymarket, and the US Commodity Futures Trading Commission (CFTC).
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