Robinhood vs. Washington: Prediction Markets Battle
Seattle News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Robinhood files federal lawsuit against Washington state over prediction markets, claiming state gambling laws cant apply. The state had previously sued Kalshi for similar markets, and Robinhood wants a judge to block any enforcement against their trades. The battle over who regulates these trades - state or federal - is heating up.
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