Will Prediction Markets Be Banned?🚫INTERVIEW🚨Coinbase Lawyer Ryan VanGrack

The Paul Barron Crypto Show · Mar 7, 2026 · 26m · transcript

Prediction markets like Kalshi and Polymarket are rapidly expanding—with over $63 billion in 2025 volume—and are increasingly likely to reach the U.S. Supreme Court (SCOTUS) by 2026–2027. A legal battle is brewing between platforms arguing they are federally regulated "event contracts" (via CFTC) and state regulators labeling them illegal gambling.

Guest: Ryan VanGrack, VP of Legal and Global Head of Litigation at Coinbase

00:00 intro

00:09 Private Market Exposure

00:44 Investing in Polymarket vs Kalshi

01:49 USDC Yields & No Fees

02:50 A.I. Agents Will Look For Lowest Fees

03:50 Chris…