The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.
The US commodities regulator has warned that prediction market contracts tied to what a person says or does carry a heightened risk of manipulation,...
The UK’s Financial Conduct Authority (FCA) reportedly has reached out to prediction market companies as part of discussions over whether the regulator would loosen...
New Jersey’s Attorney General and the state’s interim director for the Division of Gaming Enforcement have officially petitioned the US Supreme Court to hear...
After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.
Gate AI and XYO launched Crypto Cards, a head-to-head crypto prediction game where users compete against another player or an AI model.Players predict whether...
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.