Two Democratic lawmakers in the US Congress have introduced legislation in response to “government corruption” over bets on prediction markets platforms. In …
Prediction
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Regulation
Arizona Attorney General files criminal charges against prediction market Kalshi
by shayaanby shayaanArizona Attorney General Kris Mayes filed criminal charges against Kalshi Tuesday, charging the prediction markets platform with operating an unlicensed gambling business …
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Large financial institutions are beginning to address how existing compliance frameworks apply to prediction markets, marking one of the first clear signs …
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Regulation
U.S. Democrats target government officials gaming prediction markets on war action
by shayaanby shayaanDemocratic lawmakers are trying to put a stop to potential manipulation of prediction markets by government officials who bet on events they …
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Prediction market activity has climbed sharply as traders flock to contracts tied to the escalating US-Iran conflict, while Washington moves toward clearer …
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Regulation
The CFTC starts crackdown on the growing insider problem in prediction markets
by shayaanby shayaanOn Mar. 12, the Commodity Futures Trading Commission (CFTC) issued a staff advisory telling exchanges to tighten surveillance on event contracts. Simultaneously, …
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Finance
On Polymarket and Kalshi, five‑minute crypto bets now dominate prediction flows
by shayaanby shayaanUltra‑short crypto bets on Polymarket and Kalshi now drive most crypto volume, blurring hedging and gambling as AI bots, HFT firms and …
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Regulation
US regulators target equity tokenization, prediction markets growth in new recommendations
by shayaanby shayaanAmerica’s two principal financial market regulators appear to be moving in concert in terms of providing clarity for some of the fastest-growing …
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Regulation
Smarkets Applies for U.S. Derivatives Licenses as Prediction Market Competition Intensifies
by shayaanby shayaanThe U.K.-based betting exchange Smarkets has sought authorization with the U.S. regulators to run a prediction market exchange, the biggest indicator yet …
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Scams
CFTC Moves to Rein In Prediction Markets With Guidance, Rulemaking Review
by shayaanby shayaanIn brief The CFTC has issued a staff advisory to exchanges and has launched an Advanced Notice of Proposed Rulemaking seeking public …