Sports betting and prediction markets can look alike, but the rules and risks...

https://www.thecoinrepublic.com/2026/09/24/sports-bettings-three-way-legal-battle-crypto-quietly-maneuvers-between-the-lines/

Sports betting and prediction markets can look alike, but the rules and risks differ. This explainer unpacks crypto’s behind-the-scenes role and what Connecticut’s cease-and-desist orders against nine companies reveal about a fast-changing market.