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NJ Officials Take Prediction Markets Fight to US Supreme Court

Guavy AI Editorial Team Published September 3, 2026

New Jersey officials have petitioned the US Supreme Court over prediction markets, a move that could impact the broader cryptocurrency ecosystem.

The petition, which was filed in January, seeks to overturn a lower court's decision regarding the legality of prediction markets.

Prediction markets allow users to bet on future events, and have been used by some as a tool for speculation in the cryptocurrency market.

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