Connecticut has ordered Kalshi, Robinhood, and Crypto.com to cease their sports betting operations.

Odaily Planet Daily reports that Connecticut issued cease and desist notices to Robinhood, Kalshi, and Crypto.com on Wednesday, accusing them of offering unlicensed sports betting contracts to residents and engaging in "unlicensed sports betting." The state's Department of Consumer Protection ordered the platforms to immediately cease advertising, offering, or promoting their online betting services to Connecticut residents. Robinhood responded that its operations are federally regulated. (CoinDesk)