Regulatory
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