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Prediction Markets: CFTC, Nevada Clash Over Sports Bets
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Prediction Markets: CFTC, Nevada Clash Over Sports Bets

ReadWrite·5 days ago
#wXYAFdgo
#readwrite#event#federal#sports#gambling

Prediction markets face a federal-state clash as Nevada’s Mike Dreitzer challenges the CFTC’s distinction between event contracts and sportsbook bets.

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U.S. CFTC opens crypto 'perp' door with first approval at regulated firm
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U.S. CFTC opens crypto 'perp' door with first approval at regulated firm

Business - Latest - Google News·5 months ago
#oIaMM5AI
#coindesk#crypto#kalshi#coinbase#futures

The Commodity Futures Trading Commission has now established a stance on how regulated U.S. firms can engage in crypto perpetual futures contracts.

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Why has only 1 insider trading case been filed in prediction markets? Feds just getting started
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Why has only 1 insider trading case been filed in prediction markets? Feds just getting started

New York Post·Charles Gasparino·6 months ago
#89qXWc4M
#onthemoney#cftc#insidertrading#oil#probes

The SEC and the CFTC, which have a long history of turf wars that stymied regulation, have brokered an unusual jurisdictional peace accord.

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The War on Kalshi Just Escalated: Minnesota’s Felony Push May Reach Supreme Court
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The War on Kalshi Just Escalated: Minnesota’s Felony Push May Reach Supreme Court

Prediction Markets On SI·Parker Loverich·6 months ago
#1jkRE4tm

A sweeping public safety bill passed both chambers of Minnesota's legislature this week. If the governor signs it, the state becomes the first in the country to outlaw prediction markets entirely.

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Top US Regulator Defends Prediction Markets With a Statement That Changes Everything
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Top US Regulator Defends Prediction Markets With a Statement That Changes Everything

Prediction Markets On SI·Parker Loverich·6 months ago
#pQG5FRgH

The chair of the CFTC, Michael Selig, drew a hard line this week, and the people paying closest attention are the ones trading on platforms like Kalshi.

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Players from the NBA, NFL, and MLB call for a ban on betting ‘unders’
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Players from the NBA, NFL, and MLB call for a ban on betting ‘unders’

The Verge·Emma Roth·6 months ago
#8EJAnVuX
#cftc#betting#unions#prediction#markets

The unions backing NBA, NFL, MLB, NHL, and MLS athletes are calling on US regulators to ban prediction market bets on a player’s underperformance.

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Inside the Battle to Protect Prediction Markets From Insider Trading
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Inside the Battle to Protect Prediction Markets From Insider Trading

Prediction Markets On SI·Parker Loverich·6 months ago
#AjAI96xk

As real money floods into platforms like Kalshi, the question of who knows what before markets move is no longer theoretical. The real question is what are the prediction markets doing to protect against it?

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