Kalshi, Polymarket win pause against Minnesota's prediction market ban

CryptoInfo Editorial Team · Published on July 27, 2026 at 23:29 · Updated on July 28, 2026 · 1 min read

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Key Takeaways

→A federal judge ruled that Minnesota's prediction market ban likely violates federal law
→The ruling grants a pause to Kalshi and Polymarket
→The federal Commodity Exchange Act may supersede Minnesota's state law

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

A federal judge has ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act, according to reporting from CoinDesk.

This ruling grants a pause to Kalshi and Polymarket, two companies affected by the ban.

The Commodity Exchange Act is a federal law that regulates certain types of trading, including commodities and futures contracts.

Source: CoinDesk ↗