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Connecticut issues cease-and-desist orders to Robinhood, Crypto.com, and Kalshi.

2025-12-04 07:01

According to a report by Cointelegraph, Odaily Planet Daily reports that the state of Connecticut has issued cease and desist orders to Robinhood, Crypto.com, and Kalshi, stating that the platforms' event contracts constitute unlicensed sports betting.

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