Tag: CFTC

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CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets

The federal derivatives regulator filed suit Thursday in federal court seeking to bar New Mexico from enforcing state gaming laws against CFTC-registered prediction-market exchanges,...

Former SEC, CFTC Chair Gary Gensler argues that prediction markets don’t overrule state regulations

"To put the argument in the plainest real-world terms: Senate Majority Leader Harry Reid of Nevada would never have consented to or passively accepted...

CFTC Staff Give DCMs a Path to Convert Perpetual-Style Digital Commodity Futures Into True Perpetuals

CFTC staff issued release 9252-26 on Friday, giving designated contract markets a no-action path to convert existing perpetual-style digital commodity futures into true perpetuals,...

CFTC Proposes Prediction Market Rules Favoring Sports Contracts

The US Commodity Futures Trading Commission (CFTC) has proposed new rules for prediction markets, signaling that sports event contracts are generally not contrary to...

Prediction markets get first U.S. rule proposal as CFTC pursues contract reviews

The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation on Wednesday, pitching an approach to how it can make widespread evaluations...

CFTC Scraps ‘No-Deny’ Rule in Legal Settlements

The US Commodity Futures Trading Commission has rescinded a long-standing policy that prevented it from accepting a lawsuit settlement if the defendant denied the...

CFTC Chair Claims Gemini Case was Politically Motivated, Seeks to Reverse $5M Settlement

US Commodity Futures Trading Commission (CFTC) Chair Michael Selig is claiming that the agency under former President Joe Biden “politically targeted” the co-founders of...

CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures

The U.S. Commodity Futures Trading Commission (CFTC) has cleared the way for American traders to access one of crypto’s most important derivatives...

CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading

The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7...

CFTC Approves First US-Regulated Bitcoin Perpetual Futures

The agency approved Kalshi's BTCPERP contract, the first bitcoin perpetual on a registered U.S. exchange, and in a separate action cleared Coinbase to route...

‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair

A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency...

Kalshi follows CFTC in suing Minnesota over its law criminalizing prediction markets

Prediction market Kalshi filed a federal lawsuit against a Minnesota bill to criminalize operating, hosting or promoting such a platform in the state starting...