Written by Ezra Reguerrastaff writerReviewed by Bryan O’Sheastaff editor

Written by Ezra Reguerrastaff writer

Reviewed by Bryan O’Sheastaff editor

US judge temporarily blocks Minnesota prediction market ban

Latest NewsPublishedJul 28, 2026

US Judge Temporarily Blocks Minnesota Prediction Market Ban

A US federal judge has granted a preliminary injunction, allowing Kalshi and Polymarket US to continue operating in Minnesota. This decision comes as the court considers their challenge to the state’s new prediction market ban. The ban, which was set to take effect on August 1, would have prohibited the creation, operation, and advertising of prediction markets, imposing criminal penalties for supporting them.

The judge found that the plaintiffs were likely to succeed, at least in part, on claims that the Commodity Exchange Act preempts the Minnesota statute. Several event contracts offered by the platforms appeared to qualify as swaps, giving the CFTC exclusive jurisdiction over transactions involving those contracts on designated contract markets. This ruling is a significant development for platforms like Kalshi and Polymarket US, which can now continue to operate in Minnesota while the court considers their case.

Implications for Earning and Passive Income

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The judge’s decision to grant a preliminary injunction is a positive step for the industry, as it allows platforms to continue operating while the court considers the merits of the case. However, the judge cautioned that the injunction could eventually be narrowed, depending on the outcome of the case. As the case unfolds, it will be important to watch how it affects the broader Passive Income and Earning landscape, including the use of #Bitcoin and other Coin platforms.

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The preliminary injunction allows the platforms to continue operating in the state while litigation proceeds. 

However, the judge cautioned that the injunction could eventually be narrowed because the plaintiffs had not shown that every event contract listed by Kalshi and Polymarket US met the legal definition of a swap. 

The order said a preliminary injunction was appropriate to maintain the status quo until the merits of the case could be fully resolved.

Related: Prediction markets legal battles heat up in Minnesota, Rhode Island

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Law
• United States
• Prediction Markets
• Regulation

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