Today in prediction market news, we’re following another busy day for Kalshi, including its escalating geofencing fight with Nevada regulators, a Connecticut federal court’s rejection of its bid for an injunction pending appeal, and sports-mention markets becoming temporarily unavailable amid a federal investigation. We’ll also track Novig’s lawsuit against Wisconsin, JPMorgan’s reported decision to end its banking relationship with Polymarket over regulatory concerns, Trump’s meeting with crypto and prediction market executives, and breaking developments across prediction markets, regulation, crypto, and sports event trading throughout the day.

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