Hearing on Nevada Bid to Block Prediction Contracts Set for Next Week
Coinbase Chief Legal Officer Paul Grewal said a Nevada federal court hearing has been scheduled for next week after state regulators sought to block the listing of #predictionmarket contracts without giving Coinbase a chance to be heard. Grewal noted that Congress has granted the #CFTC exclusive jurisdiction over such contracts, emphasizing the importance of #dueprocess in the ongoing regulatory dispute.
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