In Connecticut, members of several Native American tribes supported the local regulator’s ban on prediction markets, including Kalshi, according to the Law360 aggregatorIn Connecticut, members of several Native American tribes supported the local regulator’s ban on prediction markets, including Kalshi, according to the Law360 aggregator

Native Americans Spoke Out Against Kalshi and Other Prediction Markets

2026/01/22 20:08
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • In December, Connecticut authorities banned sports betting on Kalshi, Crypto.com, and Robinhood.
  • Kalshi filed a countersuit, demanding that the restrictions be lifted.
  • Two Native American tribes backed the regulator.
  • They believe prediction markets violate the law.

In Connecticut, members of several Native American tribes supported the local regulator’s ban on prediction markets, including Kalshi, according to the Law360 aggregator. They said such platforms cannot operate on their lands. 

As a reminder, in early December 2025, Connecticut authorities ordered Kalshi, Crypto.com, and Robinhood to stop offering bets on sporting events. In response, Kalshi sued the Department of Consumer Protection. 

This is not an isolated case. Kalshi has faced legal trouble not only in Connecticut, but also in Tennessee, Massachusetts, New York, and a number of other states.  

The company claims it has the right to offer contracts on sporting events because its activity does not qualify as gambling. Kalshi itself holds a license from the Commodity Futures Trading Commission (CFTC), which it says has jurisdiction over its operations. 

In Connecticut, a coalition of Native American tribes spoke out against the platform’s activity. In their amici curiae brief, representatives of the Mohegan and Mashantucket Pequot cite the 1988 Indian Gaming Regulatory Act (IGRA). 

Under it, at least on reservation lands, the activity of these platforms is illegal. Exclusive rights to define and regulate gambling in these territories belong to Native Americans themselves, not local authorities. 

At the same time, according to the tribes’ statement, Kalshi is a direct competitor to casinos located on reservations. As a result, the platform’s activity is not only illegal, but also harms Native Americans and their businesses. 

Moreover, this is not the only precedent. In California, Kalshi also filed a lawsuit against the local gambling regulator. In the summer of 2025, another filing from tribal groups was submitted, using similar language.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts?

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…
Share
BitcoinEthereumNews2025/09/18 03:14
SRx Health Solutions Launches EventHorizonIQ Subscription for Individual and Institutional Traders

SRx Health Solutions Launches EventHorizonIQ Subscription for Individual and Institutional Traders

EventHorizonIQ, available now at https://eventhorizoniq.com/pricing, provides investors and risk professionals with institutional-grade cross-asset regime intelligence
Share
Globalfintechseries2026/03/09 22:52
Pi Network Pioneers Urged to Complete V20.2 Protocol Upgrade by March 12

Pi Network Pioneers Urged to Complete V20.2 Protocol Upgrade by March 12

    Pi Network Pioneers Urged to Complete V20.2 Protocol Upgrade by March 12
    As Pi Network continues to grow a
Share
Hokanews2026/03/09 23:22