Coinbase Chief Legal Officer: Nevada Court Rejects Nevada Commission's Application to Block Prediction Market Contracts

Odaily News: Coinbase Chief Legal Officer Paul Grewal posted on the X platform, stating that the Nevada Control Commission had previously sought support from a Nevada court to unilaterally block the launch of any sports-related or other types of event contracts in Nevada without providing an opportunity for debate. Today, the court rejected this request. Coinbase Chief Legal Officer Paul Grewal argued that due process requires at least the opportunity for a hearing.