---
title: "Coinbase, Kalshi Denied Shield From State Prediction-Market Enforcement"
url: https://thecoingazette.com/coinbase-kalshi-denied-shield-from-state-prediction-market-enforcement/
date: 2026-11-04
modified: 2026-11-04
lang: en
author: "Coin Gazette Editorial"
description: "The Second Circuit denied interim protection in Connecticut and New York, but its order does not require trading to stop or existing positions to close."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
image: https://i0.wp.com/thecoingazette.com/wp-content/uploads/2026/05/logo-with-slogan-1.webp?w=1400&fit=1400,960&ssl=1
word_count: 32
---

# Coinbase, Kalshi Denied Shield From State Prediction-Market Enforcement

The Second Circuit denied interim protection in Connecticut and New York, but its order does not require trading to stop or existing positions to close.... Read the full story at The Defiant