The CFTC permits prediction markets to offer sports event contracts, but recent moves signal the agency wants PMs to avoid quacking like sportsbooks.
In Congress, negotiations over the Digital Asset Market Clarity Act (H.R. 3633) continued as the Senate entered its final scheduled weeks before ...
Christopher Dodd says proposed CFTC prediction markets rule conflicts with Dodd-Frank and threatens state tribal authority consumers alike.
CFTC warns sportsbook-style prediction markets that American odds may mislead consumers while regulatory scrutiny continues.
The letter is part of the commission’s public comment period for the first draft of its proposed rule on regulating prediction markets.
The federal regulator of prediction markets is reminding its licensees that there are no sure things in life, including in the business of sports event contracts.
The CFTC received what looks to be hundreds of comments regarding proposed rules that could soon govern sports-related prediction markets.
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.
WASHINGTON, July 27 (Reuters) - Lawmakers, Native American tribes, consumer advocates and others are voicing strong opposition to the Trump administration's plans to regulate sports and other wagering ...
For the second time this year, the regulator told prediction markets to stop issuing overly broad, template-style certifications of events contracts. For the second time this year, the US Commodity ...
Senators push Clarity Act changes to protect state control over prediction markets as trading volume hits a record high.
Next Monday, July 27th, is the deadline for public comments on the Commodity Futures Trading Commission (CFTC) rule proposal regarding “prediction markets” – derivatives exchanges that offer event ...