Tag: Prediction

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CFTC Launches Innovation Task Force Covering Crypto, AI, and Prediction Markets

The new unit will coordinate policy development and work alongside the SEC's Crypto Task Force.The U.S. Commodity Futures Trading Commission (CFTC) on Tuesday announced...

CFTC Unveils Innovation Task Force Focused on Crypto, AI and Prediction Markets

In brief The CFTC introduced an Innovation Task Force designed to help create a clear regulatory framework for derivatives markets in crypto, AI, and prediction...

Federal Regulation Looms as 11 States Go After Prediction Markets

Momentum is building across US states to regulate or restrict prediction markets, with multiple legal actions targeting platforms such as Kalshi.On March 20, Carson...

Kalshi and Polymarket CEOs Back $35M Prediction Market Venture Fund

Former Kalshi employees are raising capital for 5c(c) Capital, a venture firm focused on prediction market infrastructure.Two early Kalshi employees are raising up to...

Prediction market boom spurs new VC fund backed by Polymarket, Kalshi CEOs

A new venture capital firm focused on prediction markets is launching with backing from Polymarket founder and CEO Shayne Coplan and Kalshi co-founder and...

Polymarket Updates Rules as Scrutiny Grows Over Prediction Markets

Prediction platform Polymarket has updated its market integrity rules to align more closely with regulatory standards and expand its presence as a regulated trading...

Senators Reveal Bipartisan Bill to Outlaw Sports Prediction Markets

In brief Adam Schiff and John Curtis plan to introduce a bipartisan bill banning sports-related prediction markets. The proposal targets platforms like Kalshi and Polymarket, arguing...

Senators to Introduce Bill to Ban Sports Betting on Prediction Markets

US Senators Adam Schiff and John Curtis are expected to introduce a bipartisan bill on Monday that would bar sports betting and “casino-style” contracts...

Report: Federal Lawmakers Move to Close Prediction Market Betting Loopholes

Congress is stepping into the fast-growing prediction market arena, aiming to draw a hard line between financial contracts and what lawmakers say looks a...

If one trader can force the outcome of a prediction market, it shouldn’t be tradable

As platforms such as Polymarket gain mainstream visibility during U.S. election cycles and major geopolitical events, their prices are increasingly cited as real-time signals...

Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now

In brief Kalshi was temporarily banned in Nevada, halting its sports, politics, and entertainment markets for at least 14 days. A judge sided with the Nevada...