Tennessee Issues Cease-and-Desist Orders to Major Prediction Market Platforms
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 11 2026- Regulatory Action: The Tennessee Sports Wagering Council issued cease-and-desist orders on January 9 to Kalshi, Polymarket, and Crypto.com, accusing them of illegally operating sports wagering products without necessary licenses, which could significantly impact their market presence in the state.
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About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
