MGCB says Coinbase will stop Michigan sports event contracts by 10 October
Coinbase Financial Markets agreed to stop offering new sports event contracts to Michigan customers and close open positions by 00:00 Eastern time on 10 October 2026, the MGCB said. Michigan agreed not to impose sanctions while Coinbase complies and during the pending federal appeal proceedings; the agreement leaves the legal dispute unresolved.
Coinbase will stop new contracts and close open positions while the federal appeal remains pending.