Tennessee orders Kalshi, Polymarket and Crypto.com to cease sports betting contracts
Tennessee has ordered Kalshi, Polymarket, and Crypto.com to cease their sports betting contracts, citing violations of state regulations. The state's regulatory authority determined that these platforms were operating without the necessary licenses for sports betting activities. This decision reflects Tennessee's ongoing efforts to enforce compliance within the rapidly evolving landscape of online gambling. The affected companies are now required to halt their betting operations in the state until they meet regulatory standards.
Read the full article: CoinDesk