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Prediction Market Rule Comments Put Sports Event Contract Debate Back Before CFTC
As comments close July 27 on the CFTC’s latest prediction market rule proposal, Kalshi-aligned users, sports-data firms, tribes, state lawmakers…
Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight
Coinbase argued that Rule 40.11 is being applied as a blanket ban when the actual statute requires two separate determinations.…
CFTC Win Pauses Arizona Case Against Kalshi, Sets Stage for Ninth Circuit Appeal
Key Takeaways▸ A forthcoming TRO pauses Arizona’s criminal case, reinforcing the federal preemption argument over DCMs.▸ Arizona can appeal the…
Former FTX Engineer Nishad Singh Fined $3.7M in CFTC Fraud Case
Nishad Singh, the former head of engineering at FTX, will pay $3.7 million to resolve his case with the US…
CFTC Acting Chair Caroline Pham to Head to Crypto Firm MoonPay Once Mike Selig Swears In
CFTC Acting Chair Caroline Pham to Head to Crypto Firm MoonPay Once Mike Selig Swears In
Prediction Markets Get Leeway From CFTC Event Contract Rules
The Commodity Futures Trading Commission has issued “no-action” letters to a group of prediction markets, exempting them from requirements related…
CFTC Lets Polymarket, PredictIt, LedgerX Off Certain Requirements
The U.S. Commodity Futures Trading Commission issued no-action letters to the operators of prediction markets platforms Polymarket, PredictIt, Gemini and…
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