The NYC Council sent letters to Polymarket, Kalshi, Coinbase, and Gemini Titan to investigate alleged deceptive marketing practices and targeting minors
THE SO WHAT
New York City going after prediction markets and crypto platforms for deceptive marketing and targeting minors pushes local consumer protection down into the municipal layer. If you operate in anything adjacent to wagering or tokens, assume city councils — not just federal regulators — may scrutinize your growth tactics and ad copy.
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