# Minnesota Bans Prediction Markets

Page: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/minnesota-bans-prediction-markets
Text version: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/minnesota-bans-prediction-markets.md
Podcast: [Bitcoin & Crypto News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376)
Published: 2026-05-29T10:09:10+00:00
Episode link: https://api.fastcast.ai/audio/a99b0fa5-c5f2-4858-8feb-d3f9795841a1.mp3
Audio file: https://api.fastcast.ai/audio/a99b0fa5-c5f2-4858-8feb-d3f9795841a1.mp3
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JSON: https://stenobird.com/v1/public/podcasts/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/episodes/minnesota-bans-prediction-markets
Duration seconds: 101

## Resource

Minnesota just passed a law criminalizing prediction markets starting August 1, sparking a major legal showdown as Kalshi sues, claiming it violates federal authority and free speech. The CFTC also filed suit, arguing federal law already controls these markets. This isn’t isolated—similar bans are emerging globally, and a U.S. House probe is investigating potential insider trading on these platforms. Kalshi, with a history of winning similar lawsuits, is betting on federal supremacy, while the White House reviews a key CFTC rule that could reshape the national landscape. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/eef6387d08d63fe3

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## Transcript

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