Democrats Urge CFTC Action on Prediction Market Insider Trading Risks
US lawmakers push regulators to address insider trading risks in prediction markets amid growing scrutiny of platforms like Kalshi and Polymarket.
US lawmakers push regulators to address insider trading risks in prediction markets amid growing scrutiny of platforms like Kalshi and Polymarket.
US lawmakers propose banning sports-related prediction markets, escalating tensions between federal and state regulators.
The SEC and CFTC signed a memorandum of understanding to coordinate oversight of crypto and other financial markets. The move aims to reduce regulatory overlap and provide clearer guidance for emerging technologies.
Lawmakers propose legislation to ban prediction market contracts tied to death, war, and assassination, citing ethical and national security concerns.
An Ohio federal court rejected Kalshi’s request to block state oversight of its sports betting contracts, citing lack of preemption under federal commodities law.
A federal judge granted Kalshi a preliminary injunction preventing Tennessee from enforcing state betting laws against its event contracts during ongoing litigation.
The CFTC has filed a court brief claiming exclusive federal jurisdiction over prediction markets, intensifying a regulatory clash with states over event contracts and digital trading platforms.
The CFTC has formally withdrawn a Biden-era proposal that sought to prohibit sports and political prediction markets, signaling a regulatory shift toward event-based derivatives.
US market regulators are coordinating on a joint crypto initiative as Congress advances digital asset legislation. The move signals a shift toward unified federal oversight.
Prediction markets platform Kalshi has opened a Washington, D.C. office to strengthen federal and state-level policy engagement amid ongoing regulatory disputes.
Severe winter weather in Washington has pushed back a key Senate Agriculture Committee vote on sweeping crypto market structure legislation.
A Massachusetts court granted a preliminary injunction blocking prediction-market operator Kalshi from offering sports bets to state residents without a gaming license.
The US Senate Agriculture Committee delayed markup of a major crypto market structure bill, citing the need for additional bipartisan support.
The US commodities regulator is forming a new advisory body to guide oversight of crypto, artificial intelligence, and emerging market infrastructure, signaling a more industry-inclusive regulatory approach.
DraftKings has launched a standalone predictions app regulated by the CFTC, expanding into federally supervised event contracts and intensifying competition in prediction markets.