Prediction Markets Under CFTC Review Spotlight

CFTC to Host Roundtable on Prediction Market Regulations

• The U.S. Commodity Futures Trading Commission (CFTC) will hold a public roundtable on prediction markets.
• The roundtable aims to review regulatory approaches affecting platforms like Kalshi and Polymarket.
• Kalshi faced regulatory challenges, including a blocked proposal for election-related contracts in 2023.
• Polymarket was fined $1.4 million in 2022 for offering unregistered swaps.
• Public comments and participation requests are due by February 21.

The CFTC’s upcoming roundtable will address regulatory issues impacting prediction markets, following past actions against platforms such as Kalshi and Polymarket, which faced fines and blocked proposals. Public input is sought by February 21.