The Commodity Futures Trading Commission has filed a lawsuit against New Mexico, marking the eighth state challenged over prediction market oversight.
Americans have reportedly wagered billions on offshore prediction markets, with projections indicating a significant increase in this activity by 2030.
The crypto world sees a surge in tokenized real-world assets and prediction markets, even as Sam Bankman-Fried seeks a presidential pardon following his conviction.
Former SEC and CFTC Chair Gary Gensler asserts that Congress never intended for sports betting, including prediction markets, to fall under exclusive federal oversight.
Former SEC and CFTC Chair Gary Gensler asserts that prediction markets offering sports contracts must adhere to state regulations, challenging their claims of exemption.
The upcoming 2026 FIFA World Cup is anticipated to inject billions into crypto prediction markets, potentially boosting platforms like Coinbase and Robinhood.
The upcoming 48-team FIFA World Cup is anticipated to be a monumental catalyst, driving billions in volume for online sports betting, particularly within crypto prediction markets.
On-chain prediction markets Polymarket and Ventuals are valuing SpaceX at an astonishing $2 trillion as anticipation builds for its potential IPO.
The CFTC has put forward new regulations aiming to distinguish legitimate prediction markets from gambling, potentially impacting how these contracts operate in the US.
The Commodity Futures Trading Commission (CFTC) has unveiled new rules that would prohibit prediction markets tied to war, assassination, or the removal of foreign adversaries.
Prediction market platform Kalshi is enhancing its security measures, requiring users to disclose employer information for high-risk markets to prevent insider trading.
The CFTC has introduced a proposed rule to define "public interest" criteria for prediction market contracts, signaling a significant shift towards formal regulation for these platforms.
Myriad is enhancing its decentralized prediction market platform by integrating Chainlink to offer reliable data feeds for the upcoming FIFA World Cup.
Prediction market platform Kalshi introduces new rules, including employer disclosure for high-risk markets, to combat insider trading and manipulation.
A recent perspective highlights the complex dilemma of insider trading in prediction markets, suggesting that short-term accuracy gains could undermine long-term participation.
A US soldier is set to face trial in December for allegedly using confidential military information to trade on the prediction market platform Polymarket.
The BBB has referred prediction market Kalshi to state regulators for failing to cooperate with an inquiry into its influencer marketing practices.
Senator Elizabeth Warren has intensified her scrutiny of the CFTC's oversight of cryptocurrency and prediction markets, questioning past enforcement shifts.
Sophisticated quantitative trading firms are increasingly targeting prediction platforms like Polymarket and Kalshi, not for simple betting, but to exploit market inefficiencies for profit.
House Republicans are preparing for a summer vote on new rules that would restrict lawmakers from participating in prediction markets and ban congressional stock trading.
South Korean police are investigating users of Polymarket for alleged illegal gambling, marking the country's first such crypto-related probe.
A Republican representative plans to broaden a proposed ban on congressional stock trading to encompass prediction markets, aiming to curb potential conflicts of interest.
Retail trading platform Moomoo has partnered with Kalshi to introduce CFTC-regulated event contracts, allowing users to trade on outcomes of economic, political, and sports events.
A bipartisan group of US House Democrats has formally requested the Federal Trade Commission to launch a probe into prediction markets over concerns of deceptive practices.
Former Congressman George Santos is reportedly under investigation by the DOJ and CFTC for alleged illicit trading on a prediction market platform, Kalshi.
Galaxy Digital has launched an institutional over-the-counter prediction market desk, executing a significant $10 million trade with Arca tied to US crypto legislation.
Wintermute, a major digital asset market maker, is expanding into prediction markets to provide crucial liquidity and enhance trading efficiency.
Digital asset market maker Wintermute is now providing liquidity to major prediction platforms Kalshi and Polymarket, linking their operational flows.