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Is Crypto.com legal?

Crypto.com's prediction and sports event trading, offered through its affiliated CFTC-registered exchange. Crypto.com does not publish a state-by-state list we could confirm. Crypto.com says Prediction Trading and Sports Event Trading are available in the United States only. Its US terms bar access to its services in New York. It publishes no state-by-state list for prediction or sports contracts. In December 2025 a spokesperson said it was not live with sports markets in eight states.

Cite this page

Bluebook

Is Crypto.com Legal? States, Lawsuits and Regulation, Prediction Market Laws (last updated Oct. 22, 2026), https://predictionmarketlaws.com/platforms/crypto-com.

APA

Prediction Market Laws. (2026, October 22). Is Crypto.com Legal? States, Lawsuits and Regulation. https://predictionmarketlaws.com/platforms/crypto-com

Where Crypto.com says it operates

Hover or tab through the map for each state.
  • No restriction found 51

Source: Crypto.com Help Center, Prediction Trading (updated 2026-09-16), checked Oct. 22, 2026.

Open questions for Crypto.com

State enforcement naming Crypto.com

  1. Illinois: Court order

    Judge Pacold granted in part the injunction motions in the Coinbase, CFTC and Kalshi cases, finding Illinois's licensing and related criminal provisions likely preempted as to the contracts at issue; the fee challenge was continued for more briefing.

    Source: N.D. Ill. Memorandum Opinion and Order, No. 1:26-cv-03659, Dkt. 99

  2. Missouri: Cease-and-desist

    The attorney general demanded each operator stop offering sports contracts to people in Missouri, or obtain a Gaming Commission license, pay the 10% wagering tax and fees, and bar under-21 users, within 30 days; the letters were announced Sept. 18, 2026.

    Source: Missouri Attorney General letter to KalshiEX LLC

  3. Connecticut: Cease-and-desist

    DCP ordered nine platforms (including ProphetX) to stop offering sports event contracts and issued about 30 subpoenas to vendors, payment firms, app stores and media outlets.

    Source: Office of Gov. Ned Lamont press release

  4. Arizona: Court order

    The Ninth Circuit stayed Arizona's appeal of the injunction (No. 26-4281), in which Kalshi and Crypto.com's exchange (NADEX) are appellees or intervenors, until it decided the related Nevada appeals.

    Source: Justia docket, 9th Cir. No. 26-4281

  5. Wisconsin: State lawsuit

    Attorney General Kaul filed three Dane County suits alleging that sports event contracts violate Wis. Stat. 945.03(1m) and create a public nuisance, seeking declarations and injunctions.

    Source: Wisconsin Department of Justice

  6. Tennessee: Cease-and-desist

    The Sports Wagering Council ordered the three platforms to stop offering sports event contracts to Tennesseans, void pending contracts and refund customer deposits by January 31, 2026. The letters cited tiered fines of $10,000 to $25,000 per violation and possible criminal referral.

    Source: The Block

  7. Connecticut: Cease-and-desist

    DCP's Gaming Division ordered the three platforms to stop offering sports event contracts to Connecticut residents and to let residents withdraw funds.

    Source: Connecticut DCP press release

  8. Maryland: Court order

    The district court stayed Crypto.com's parallel suit (North American Derivatives Exchange v. Martin) until Kalshi's appeal is decided.

    Source: Prediction Market Litigation Tracker (mickbransfield.com)

  9. Illinois: Cease-and-desist

    The Illinois Gaming Board sent cease-and-desist letters to Kalshi, Crypto.com and Robinhood over unlicensed sports wagering.

    Source: Illinois Gaming Board cease-and-desist letters page

  10. Ohio: Cease-and-desist

    The Ohio Casino Control Commission (OCCC) ordered Kalshi, Robinhood and Crypto.com to stop offering sports event contracts in Ohio and to confirm compliance by April 14, 2025.

    Source: 13 ABC (WTVG)

Lawsuits naming Crypto.com

Operator v. state 8

Supreme Court 1

United States v. state 2

State v. operator 1

Private civil suit 1

  • Hughes v. DraftKings Inc., et al.U.S. District Court for the District of South Carolina (removed from the Charleston County Court of Common Pleas), 2:26-cv-03838; 2026CP1004063 (Charleston County)Pending

Crypto.com, state by state

StateCrypto.comState statusActions naming Crypto.com
AlabamaNo restriction found No public action foundNone
AlaskaNo restriction found No public action foundNone
ArizonaNo restriction foundCrypto.com pulled sports event contracts in Arizona on 2025-12-02 and its remaining prediction offerings on 2025-12-12 (Yogonet). Whether it has since returned was not confirmed. In litigation1
ArkansasNo restriction found No public action foundNone
CaliforniaNo restriction found No public action foundNone
ColoradoNo restriction found No public action foundNone
ConnecticutNo restriction foundCrypto.com was among the nine platforms Connecticut ordered to stop offering sports event contracts (2026-09-10). Its response is not confirmed. In litigation3
DelawareNo restriction found No public action foundNone
District of ColumbiaNo restriction found No public action foundNone
FloridaNo restriction found No public action foundNone
GeorgiaNo restriction found No public action foundNone
HawaiiNo restriction found No public action foundNone
IdahoNo restriction found No public action foundNone
IllinoisNo restriction foundNamed in the December 2025 spokesperson list of states without sports markets. On 2026-10-02 a federal judge partly granted injunctions to Coinbase, the CFTC and Kalshi against Illinois. North American Derivatives Exchange, d/b/a OG, appears in the caption as an intervenor plaintiff. Current Crypto.com status not confirmed. In litigation3
IndianaNo restriction found No public action foundNone
IowaNo restriction found In litigationNone
KansasNo restriction found No public action foundNone
KentuckyNo restriction found In litigation1
LouisianaNo restriction found No public action foundNone
MaineNo restriction found No public action foundNone
MarylandNo restriction foundNamed in the December 2025 spokesperson list of states without sports markets. Current status not confirmed. In litigation1
MassachusettsNo restriction foundNamed in the December 2025 spokesperson list of states without sports markets. Current status not confirmed. In litigationNone
MichiganNo restriction foundNamed in the December 2025 spokesperson list of states without sports markets. Current status not confirmed. Court order in forceNone
MinnesotaNo restriction found In litigationNone
MississippiNo restriction found No public action foundNone
MissouriNo restriction foundNorth American Derivatives Exchange, d/b/a OG.com Prediction Markets, sued Missouri officials in the Western District of Missouri on 2026-10-16, after the attorney general's September letters. No relief had been reported. In litigation2
MontanaNo restriction found Enforcement, no lawsuitNone
NebraskaNo restriction found No public action foundNone
NevadaNo restriction foundNamed in the December 2025 spokesperson list of states without sports markets (SBC Americas, 2025-12-16), after Nevada won in court in October 2025. Crypto.com's exchange has a Supreme Court petition pending (No. 26-344). Current status not confirmed. Court order in force1
New HampshireNo restriction found No public action foundNone
New JerseyNo restriction foundNamed in the December 2025 spokesperson list of states without sports markets. Current status not confirmed. In litigationNone
New MexicoNo restriction found In litigationNone
New YorkNo restriction foundCrypto.com's US Terms (last updated 2026-02-26) bar access to its services in New York. Yogonet (2025-12-17) also reported that Crypto.com does not serve New York. This covers the Crypto.com App, not the separate OG app. In litigationNone
North CarolinaNo restriction found Law enactedNone
North DakotaNo restriction found No public action foundNone
OhioNo restriction foundNamed in the December 2025 spokesperson list of states without sports markets. Current status not confirmed. In litigation1
OklahomaNo restriction found No public action foundNone
OregonNo restriction found No public action foundNone
PennsylvaniaNo restriction found No public action foundNone
Rhode IslandNo restriction found In litigationNone
South CarolinaNo restriction found No public action foundNone
South DakotaNo restriction found No public action foundNone
TennesseeNo restriction found In litigation1
TexasNo restriction found No public action foundNone
UtahNo restriction found In litigationNone
VermontNo restriction found No public action foundNone
VirginiaNo restriction found No public action foundNone
WashingtonNo restriction found Court order in force2
West VirginiaNo restriction found No public action foundNone
WisconsinNo restriction found In litigation1
WyomingNo restriction found No public action foundNone

Questions people ask

Is Crypto.com legal?
Crypto.com says CDNA is registered with the CFTC as a designated contract market and a derivatives clearing organization, and that it offers the contracts directly in the App. Predict Pro on the Crypto.com Exchange is available only to US users with a futures commission merchant (FCM) account; the FCM was not named. Crypto.com does not publish a state-by-state list we could confirm. Crypto.com says Prediction Trading and Sports Event Trading are available in the United States only. Its US terms bar access to its services in New York. It publishes no state-by-state list for prediction or sports contracts. In December 2025 a spokesperson said it was not live with sports markets in eight states. Several states argue its sports contracts are illegal gambling, and federal appeals courts have split on whether federal law overrides them.
In which states is Crypto.com not available?
Crypto.com does not publish a list we could confirm.
How old do you have to be to use Crypto.com?
Crypto.com requires users to be at least 18.
Does Crypto.com send tax forms?
Crypto.com says it may be required to issue Form 1099-B to US persons who traded contracts during the tax year, describing them as 'Regulated Futures/Options' contracts. It also issues 1099-MISC for rewards and 1099-DA for digital assets. The page doesn't specifically mention prediction or sports event contracts. This is what the platform says it reports, not tax advice.
Is Crypto.com being sued?
13 cases we track name Crypto.com, including Crypto.com (OG) v. Missouri (W.D. Mo.); Crypto.com (NADEX) v. Nevada (Supreme Court petition); Crypto.com (NADEX) v. Washington (W.D. Wash.).

Sources

  1. Crypto.com Help Center: Prediction Trading (updated 2026-09-16)
  2. Crypto.com Help Center: Sports Event Trading
  3. Crypto.com Help Center: Predict Pro Overview
  4. Crypto.com Help Center: Onboarding (Derivatives account)
  5. Crypto.com Help Center: 1099 Form for the 2025 Tax Year (updated 2026-02-19)
  6. Crypto.com US Terms of Use (last updated 2026-02-26)
  7. Crypto.com US Prediction page
  8. Crypto.com US: What are prediction markets
  9. Business Wire: Underdog and Crypto.com | Derivatives North America (2025-09-02)
  10. PYMNTS: Crypto.com debuts sports event trading product (2024-12-23)
  11. The Block: Crypto.com launches sports prediction market in the US (2024-12-23)
  12. SBC Americas: Crypto.com pulls sports contracts in several states (2025-12-16)
  13. Yogonet: Crypto.com withdraws sports event contracts across nine US states (2025-12-17)
  14. The Block: Crypto.com spins out OG prediction markets app (2026-02-03)
  15. Crypto.com/OG.com release: Robinhood selects OG.com (2026-09-08)
  16. Coinbase Financial Markets v. Raoul, Memorandum Opinion and Order (N.D. Ill., 2026-10-02)
  17. Connecticut Governor's release (2026-09-10)
  18. DeFi Rate prediction market legal tracker (captured 2026-10-22)

What we couldn't confirm: Crypto.com's help center publishes no state list for Prediction or Sports Event Trading, beyond saying US only. Its US terms exclude New York for all services. Whether the December 2025 list of eight states without sports markets (AZ, MI, MD, MA, IL, NJ, NV, OH) is still accurate in October 2026. No later statement from Crypto.com was found. Whether Crypto.com returned to Arizona after the district-court injunction now under Ninth Circuit appeal (No. 26-4281). Whether the Crypto.com App's contracts still come from the same entity after the OG.com spin-off. The help center (2026-09-16) still names CDNA, while Crypto.com's 2026-09-08 release places North American Derivatives Exchange, Inc. under OG.com. The name of the FCM behind Predict Pro accounts. The 2026-09-08 release mentions an 'OG Broker' FCM without a legal name. Whether the Form 1099-B Crypto.com describes covers prediction and sports event contracts. The help article does not say. Minimum age comes from Crypto.com's general US terms. No prediction-specific age rule or state exceptions (e.g. 21+) were found. CFTC registration pages (cftc.gov) were blocked in this session, so CDNA's DCM/DCO status rests on Crypto.com's own statements.

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