Coinbase files lawsuits in 3 states over attempts to regulate prediction markets

Coinbase, a prominent cryptocurrency exchange and platform, has taken legal action by filing lawsuits in three different states in response to various attempts by regulators to impose restrictions and regulations on prediction markets, which are platforms allowing individuals to make bets on the outcomes of future events. These lawsuits highlight Coinbase's concerns about the potential implications of such regulatory efforts on the operation and future of prediction markets, as well as the broader cryptocurrency industry. By challenging these regulations in court, Coinbase aims to protect its interests and advocate for a more favorable regulatory environment that supports innovation and consumer choice in the evolving landscape of digital finance. source: https://www.coindesk.com/policy/2025/12/19/coinbase-files-lawsuits-in-3-states-over-attempts-to-regulate-prediction-markets