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The post Connecticut Halts Robinhood, Kalshi & Crypto.com Event Betting appeared first on Coinpedia Fintech News Connecticut’s Department of Consumer Protection has ordered Kalshi, Robinhood and Crypto.com to stop offering sports event contracts, saying they are running unlicensed online gambling in the state. The firms must immediately halt advertising and providing these products to Connecticut users and allow residents to withdraw funds. Regulators argue the contracts are really sports bets, while …The post Connecticut Halts Robinhood, Kalshi & Crypto.com Event Betting appeared first on Coinpedia Fintech News Connecticut’s Department of Consumer Protection has ordered Kalshi, Robinhood and Crypto.com to stop offering sports event contracts, saying they are running unlicensed online gambling in the state. The firms must immediately halt advertising and providing these products to Connecticut users and allow residents to withdraw funds. Regulators argue the contracts are really sports bets, while …

Connecticut Halts Robinhood, Kalshi & Crypto.com Event Betting

Author: CoinPedia

Source: CoinPedia

2025/12/04 15:38

STOP$0.01469-1.73%

The post Connecticut Halts Robinhood, Kalshi & Crypto.com Event Betting appeared first on Coinpedia Fintech News

Connecticut’s Department of Consumer Protection has ordered Kalshi, Robinhood and Crypto.com to stop offering sports event contracts, saying they are running unlicensed online gambling in the state. The firms must immediately halt advertising and providing these products to Connecticut users and allow residents to withdraw funds. Regulators argue the contracts are really sports bets, while Robinhood and Kalshi insist their markets are federally regulated derivatives overseen by the CFTC.

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