Connecticut Orders Robinhood, Crypto.com & Kalshi to Halt Unlicensed Gambling Services Connecticut Orders Robinhood, Crypto.com & Kalshi to Stop Unlicensed Gambling Short Summary (English) The Connecticut Department of Consumer Protection has directed **Robinhood**, **Crypto.com**, and **Kalshi** to stop offering activities the state considers “unlicensed gambling.” Regulators said certain prediction markets and trade-style betting features require gambling licenses that the platforms do not currently hold. The state warned that operating such services without approval violates Connecticut gambling and consumer protection laws. Authorities stated that residents must not be allowed to place bets on unlicensed platforms, and companies must immediately halt these offerings. Robinhood and Crypto.com said they are reviewing the notice, while Kalshi maintained that its services fall under CFTC-regulated prediction markets. The matter is still evolving ...
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