Connecticut Cracks Down on 3 Prediction Markets as State–Federal Fight Escalates

Connecticut has ordered Kalshi, Robinhood, and Crypto. com to halt event-based contracts immediately, deepening its aggressive stance against digital assets. The decision exposes a widening regulatory rift between state gambling laws and federal derivatives oversight. A New Flashpoint in Connecticut’s Anti-Crypto Campaign Connecticut has issued cease-and-desist orders to Kalshi, Robinhood Derivatives, and Crypto source: https://beincrypto.com/connecticut-crypto-crackdown-federal-lawsuit/