明尼苏达州禁止预测市场，CFTC 予以反击

CFTC 已起诉明尼苏达州，要求阻止一项从 8 月 1 日起禁止预测市场的新法律，从而就州赌博规则和联邦市场权威展开法庭斗争。

商品期货交易委员会于 5 月 19 日提起诉讼，即州长蒂姆·沃尔兹 (Tim Walz) 将明尼苏达州措施签署成为法律的第二天。该机构表示，该法律将使在该州经营或帮助经营预测市场的行为构成刑事重罪。它要求在 8 月 1 日开始日期之前发出初步禁令。

CFTC Chair Michael Selig criticized the law in the agency’s release. “明尼苏达州的这项法律一夜之间将预测市场的合法经营者和参与者变成了重罪犯，”他说。监管机构还表示，该法律适用于许多受 CFTC 监管的市场，包括与天气相关的事件合约。

明尼苏达州的目标是预测市场活动

明尼苏达州的法律针对的是允许用户对未来事件进行交易的平台。这些可能包括体育、选举、天气和其他结果。路透社报道称，该措施将从 8 月 1 日起将明尼苏达州运营、托管或推广此类市场定为犯罪行为。

The CFTC argues that these contracts fall under its federal authority as derivatives. The agency said Minnesota’s law conflicts with the federal framework for CFTC-regulated markets. Reuters reported that Minnesota Attorney General Keith Ellison said his office was reviewing the case and would respond in court.

Meanwhile, the lawsuit comes as Kalshi and Polymarket face growing attention from state officials. Reuters reported that Kalshi has been fighting several state-level cases tied to claims that its event contracts amount to illegal wagering.

Kalshi criticized Minnesota’s law after the lawsuit. A company spokesperson told Reuters the ban was unenforceable and would push activity offshore. Polymarket said the case showed that Minnesota’s law runs against the federal framework for prediction markets.

Minnesota moves on wider crypto rules

The case lands as Minnesota takes several actions touching crypto users and investors.最近的 crypto.news 报道指出 Walz 签署了 HF 3709，允许国家特许银行和信用合作社从 8 月 1 日起提供虚拟货币托管服务。

The same reporting thread noted that Minnesota is also banning virtual currency kiosks. Walz signed SF 3868 on May 5. That ban also starts on Aug. 1, while operators must remove public kiosks by Dec. 31.

Prediction markets move further into finance

Prediction markets are also expanding beyond politics and sports.另据 crypto.news 报道称，Polymarket 与纳斯达克私募市场合作推出了与私营公司事件相关的市场，包括估值里程碑、IPO 时机和二级市场活动。

That expansion gives the Minnesota case wider relevance for crypto-linked trading platforms.法院现在将权衡明尼苏达州是否可以将预测市场视为禁止投注，或者联邦衍生品法是否阻止该州执行禁令。