Regulatory
Bets on Fate of Iran’s Khamenei Spark Uproar at Leading Prediction Markets
Prediction markets face mounting political and regulatory scrutiny after lucrative bets on Iran’s Khamenei and U.S. strikes raised insider-trading and war-profiteering concerns.
Polymarket Insider-Trading Bet May Have Attracted More Insiders
Can you insider-trade on an investigation into your own insider trading?
Kalshi reveals insider trading case against editor for MrBeast
Kalshi suspended and fined a MrBeast editor and a California gubernatorial candidate for alleged insider trading, referring both cases to the CFTC as the booming prediction-market industry faces mounting scrutiny over market manipulation.
Brazil approves first prediction markets as financial securities
As the US gambling industry grapples with the emergence of prediction markets, Brazil financial regulators are opening up to similar event markets. The Brazilian Securities and Exchange Commission, CVM, this week gave a green light to B3 to become the first prediction market operator in Brazil. B3 plans to launch
CFTC Faces More Pushback From States Over Prediction Markets
The Commodity Futures Trading Commission is facing opposition from states over its bid to be the sole regulator of prediction markets.
CFTC defends its right to prediction market enforcement as states challenge platforms
CFTC Chairman Michael Selig said the agency has filed an amicus brief in federal court to assert its authority over prediction market enforcement and regulation.
States Encroach on Prediction Markets
The CFTC, the legitimate regulator of these financial instruments, backs Crypto.com in a lawsuit appeal.
CFTC Forms 35 Member Committee Focused On Event Contracts And AI
Committee brings together leaders from prediction markets, sports betting, finance, and blockchain. CEOs from Polymarket, Kalshi, DraftKings, and FanDuel will sit alongside Nasdaq leadership. Group will advise regulators on event contracts, digital assets, and AI influence on trading markets.
SEC Chair Suggests Some Prediction Markets Could Fall Under Agency’s Jurisdiction
This potential move challenges the CFTC, which has been the sector's primary regulator.
Judge bans Kalshi from offering sports-events contracts in Massachusetts in 30 days
A Massachusetts judge on Friday rejected a request by prediction-markets operator Kalshi to allow it to keep offering sports-events contracts in the state while it appeals an injunction that will lead to it being banned from operating there without a state gaming license in 30 days.Suffolk County Superior Court
