a16z Files Amicus Brief Supporting CFTC Against State Bans on Prediction Markets
Fast facts
- Category: Crypto
- Language: EN
- Published: 2026-05-02 09:51 UTC
- Sources: CoinTelegraph
CoinTelegraph says venture‑capital firm Andreessen Horowitz (a16z) has filed an amicus brief backing the Commodity Futures Trading Commission (CFTC) in a lawsuit against several U.S. states that seek to prohibit prediction‑market platforms. The brief argues that state bans would conflict with federal jurisdiction and hinder the growth of regulated prediction markets.