US judge temporarily blocks Minnesota prediction market ban
Cointelegraph 2026-07-28 04:28:10
Context: A US judge has temporarily blocked a ban on prediction markets in Minnesota, allowing two companies, Kalshi and Polymarket US, to continue operating in the state. The ban, which was set to take effect, has been put on hold while the court considers a challenge to the state law. This development enables the companies to maintain their operations in Minnesota for the time being.
Key Facts
- The preliminary injunction issued by the US judge permits Kalshi and Polymarket US to continue operating in Minnesota, effectively putting the state's prediction market ban on hold.
- The injunction was granted as the court considers a challenge to the state law that was set to ban prediction markets, allowing the two companies to maintain their presence in the state.
- Kalshi and Polymarket US are the specific companies that have been allowed to continue operating in Minnesota, as they have challenged the state law and are awaiting a decision from the court.