Kalshi has filed a lawsuit against the State of Minnesota over a new law that would ban prediction markets from August 1, 2026.
Kalshi has teamed up with the Commodity Futures Trading Commission (CFTC) to lodge a formal complaint against Minnesota for passing a bill that would effectively outlaw prediction markets. The complaint is a response to the state's move to ban these markets, starting in August 2026. Kalshi is taking legal action to challenge Minnesota's decision, which would impact the operation of prediction markets within the state.
