PREDICTION MARKETS
CFTC Proposes New Rules for Sports Prediction Markets
The CFTC's proposal could legitimize sports prediction markets while clarifying election contract regulations. Public comments open for 90 days.
Chainlink (LINK) Powers Rapid Growth in Prediction Markets
Chainlink (LINK) drives prediction markets' expansion, supplying real-time data for platforms like Myriad and Polymarket. LINK trades at $7.74.
Prediction Markets Need Balanced Insider Trading Rules, Study Says
New research suggests optimal enforcement of insider trading in prediction markets lies between extremes, as lawmakers and regulators target violations.
Kalshi Referred to Regulators Over Influencer Ad Practices
Kalshi faces regulatory scrutiny after refusing an inquiry into influencer advertising disclosures, raising questions about compliance in prediction markets.
House GOP Pushes Prediction Market Restrictions for Lawmakers
House Republicans propose legislation limiting lawmakers' use of prediction markets, adding to a broader stock trading ban debate.
Polymarket Resolves Bitcoin Sale Dispute to 'No,' $80M in Bets at Stake
Polymarket ruled against MicroStrategy Bitcoin sale claims, sparking criticism of UMA's token-weighted dispute system. $80M in bets impacted.
US Democrats Seek FTC Probe Into Prediction Markets
Nine House Democrats urge FTC to investigate prediction markets like Kalshi and Polymarket for alleged deceptive practices and regulatory evasion.
Wintermute Enters Prediction Markets for Liquidity Expansion
Wintermute, a top crypto market maker, expands into prediction markets like Kalshi and Polymarket to improve liquidity and execution depth.
Gemini Introduces AI-Powered Prediction Market Tool with Grok
Gemini partners with SpaceXAI's Grok to launch personalized AI-driven feeds for its prediction markets platform, enhancing user experience and market insights.
Kalshi and CFTC Sue Over State-Level Prediction Market Bans
Kalshi and the CFTC file lawsuits against Minnesota and Rhode Island, escalating the battle over state bans on prediction markets.
Polymarket Says KYC Limited to Perps Beta, No Changes to Core Platform
Polymarket clarifies KYC applies only to beta product testing, not its main platform, amid regulatory scrutiny and global restrictions.
Polymarket Eyes KYC as Global Regulation Tightens on Prediction Platforms
Polymarket considers mandatory KYC amid bans in over 30 countries and insider trading scrutiny, signaling regulatory challenges for prediction markets.
Indonesia Blocks Polymarket, Citing Gambling Laws
Indonesia bans Polymarket after bets on President Prabowo’s exit, labeling it online gambling. The move reflects rising scrutiny of prediction markets.
Kalshi Backs Lobby Group to Defend Prediction Markets
Kalshi launches Americans for Fair Markets to counter casino interests and influence federal policy on prediction markets.
CFTC and NHL Partner to Regulate Prediction Markets
The CFTC signs a memorandum with the NHL to oversee prediction markets, reinforcing its claim of exclusive jurisdiction amid regulatory conflicts.