Crypto.com is not offering its sports event contracts to Tennessee residents. The state ordered the product stopped in January 2026, and the company had already paused these contracts across several states from November 2025.
Last reviewed 9 February 2026 · Availability as of February 2026 · Information, not legal advice
As of February 2026, a Tennessee resident cannot trade Crypto.com sports event contracts. On 9 January 2026 the Tennessee Sports Wagering Council sent cease and desist letters to Crypto.com, Kalshi, and Polymarket, ordering them to stop offering the contracts in the state, refund deposits, and void open positions by 31 January 2026. Crypto.com had already suspended its United States sports event contracts in several states from November 2025. Whether a state can apply its gambling law to a federally listed contract is contested and unresolved.
Where the legal position is contested or moving, we say so plainly rather than guessing. A federal listing does not settle every state question, and your personal eligibility can still differ.
Crypto.com began offering sports event contracts in the United States during 2025, structured as event contracts on a designated contract market overseen by the Commodity Futures Trading Commission. The company treats that federal listing as the legal basis for the product. Tennessee, which runs a licensed online sports betting market through the Tennessee Sports Wagering Council, took the opposite view and argued the contracts are sports wagering that needs a state license.
The pressure built over time. In April 2025 the Tennessee regulator wrote to the CFTC to object to sports event contracts being offered to its residents. On 9 January 2026 it escalated, sending cease and desist letters to Crypto.com, Kalshi, and Polymarket. The letters ordered the firms to stop serving Tennessee customers, refund deposits, and void open contracts by 31 January 2026, and warned of civil penalties of up to $25,000 per violation alongside possible criminal referrals.
Crypto.com had already been pulling back. From November 2025 it suspended its United States sports event contracts across several states as similar disputes spread. The broader legal question, whether a state can apply its gambling law to a contract listed on a federally regulated market, is genuinely contested and unresolved as of February 2026. Kalshi has sued Tennessee over the same issue. Until the courts settle it, a Tennessee resident cannot trade Crypto.com sports event contracts.
We are not showing an open account or compare module on this page because Crypto.com sports event contracts are not available to Tennessee residents as of February 2026. We only point readers to a platform where it is genuinely legal and available to them. If the Tennessee position changes, we will update this page and its review date. For now, the honest answer is that the product is not on offer to Tennessee residents.
Crypto.com offers these contracts on a CFTC regulated designated contract market, while the Tennessee Sports Wagering Council argues they are unlicensed sports wagering. Confirm the live position with the platform and the regulators before relying on anything here.
Status as of February 2026. We never invent a citation, and where a position is contested we mark it as contested.
A contested legal status is a reason for caution, not a workaround. Prediction markets and event contracts can lose you money. Stake only what you can afford to lose, never to chase a loss, and never on borrowed money. If betting stops feeling like a free choice, step back. In the United States you can call or text the national problem gambling helpline at 1 800 GAMBLER, or visit ncpgambling.org.
No. As of February 2026 Crypto.com is not offering sports event contracts to Tennessee residents. The Tennessee Sports Wagering Council ordered the product stopped in January 2026. This is general information, not legal advice.
On 9 January 2026 the Tennessee Sports Wagering Council sent cease and desist letters to Crypto.com, Kalshi, and Polymarket. They were told to stop serving Tennessee residents, refund deposits, and void open contracts by 31 January 2026.
Crypto.com lists them on a CFTC regulated designated contract market, so the federal regulator is the CFTC. The Tennessee Sports Wagering Council asserts state authority over what it views as sports wagering. The two positions are in conflict.
The letters warned of civil penalties of up to $25,000 per violation and the possibility of criminal referrals. That is one reason the platforms paused rather than continued in the state.
Possibly, depending on how the courts resolve the federal versus state question. That issue is unresolved as of February 2026. We will update this page if the position changes.