Tennessee orders Kalshi, Polymarket and Crypto.com to stop sports betting in state

Tennessee has ordered Kalshi, Polymarket and Crypto.com to cease offering sports betting contracts to customers in the state.

The firms, which are federally regulated by the Commodity Futures Trading Commission, were told to shut down Tennessee-based activity, refund deposits and void open contracts.

They were given a Jan. 31 deadline to carry out those measures.

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Crypto, Kalshi, Polymarket, Crypto.com, Cftc, Tennessee