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Coinbase agrees to halt sports-event contracts in Michigan under regulatory settlement

Enforcement & compliance · SectorWire deskSource published Updated

Summary

Coinbase agreed with the MGCB to withdraw sports-event contracts in Michigan. The MGCB said Coinbase would stop listing new sports markets and close all outstanding sports trades.

Why it matters

Operators should note Coinbase will stop listing new sports markets and close all outstanding sports trades in Michigan.

Cite as: SectorWire, “Coinbase agrees to halt sports-event contracts in Michigan under regulatory settlement”, 7 October 2026, https://sectorwire.news/item/coinbase-agrees-to-halt-sports-event-contracts-in-michigan-under-regul/

Key facts

Parties
Coinbase · MGCB
Updated

Status and next steps

Company statement
The MGCB said Coinbase would stop listing new sports markets and close all outstanding sports trades.
Explore the report’s connections
Entity mapoperates inoperates inlicensed byUSACoinbase Michigan sporCoinbaseMichiganMGCBConnecticutMGM Grand Detroit
Entities and relations reported in this entry and our coverage.

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