The New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors, opening a new front in the bitter, state-by-state legal war over prediction-market regulation.<\/p>\n
City Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase<\/a> COIN 0.31%increase; up pointing triangle<\/a> and Gemini Titan, all of which have a presence in New York City<\/a>, on Aug. 11, seeking answers about how the companies comply with consumer protection laws.<\/p>\n Copyright \u00a92026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8<\/p>\n","protected":false},"excerpt":{"rendered":"The New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors,…\n","protected":false},"author":2,"featured_media":321813,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[2345,52416,11233,36671,56976,81168,121262,28630,1523,1495,13310,41248,121253,121256,121257,28632,121251,2200,40185,7829,1073,1524,1964,121254,19077,121260,121261,762,1722,121258,9,24,55,54,49,1492,1493,56,5913,36669,121259,36673,96205,60816,121252,13367,83860,1497,282,901,121263,121255,1498],"class_list":["post-321812","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york-city","tag-banking","tag-banking-credit","tag-blockchain-technology","tag-ce-industry-news-filter","tag-coin","tag-coinbase-global","tag-commodity-exchange-activities","tag-content-types","tag-corporate","tag-corporate-industrial-news","tag-credit","tag-cryptocurrencies","tag-cryptocurrency-exchanges","tag-dragonfly-north-america","tag-dragonfly-world","tag-factiva-filters","tag-financial-investment-services","tag-financial-services","tag-financial-technology","tag-gcapi","tag-government-policy","tag-industrial-news","tag-investing","tag-investing-securities","tag-julie-menin","tag-linkendrnrealtime-linkedarticle-dnco20260812005982","tag-linki1-wp-wsj-0003810283","tag-marketing","tag-markets","tag-markets-marketing","tag-new-york","tag-new-york-city","tag-new-york-city-headlines","tag-new-york-city-news","tag-new-york-state","tag-north-america","tag-northeast-u-s","tag-ny","tag-regulation","tag-regulation-government-policy","tag-risk-topics","tag-risk-topics-regulations-regulators","tag-risk-compliance","tag-securities","tag-securities-commodity-exchange-activities","tag-services","tag-shayne-coplan","tag-synd","tag-technology","tag-united-states","tag-virtual-currencies","tag-virtual-currencies-cryptocurrencies","tag-wsj-pro-wsj-com"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/321812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=321812"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/321812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/321813"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=321812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=321812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=321812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}