CFTC Approves New Prediction Markets Framework
The CFTC proposes a new framework for event contracts, offering clarity for platforms like @Kalshi and potentially benefiting @Polymarket amid reduced regulatory uncertainty. #Update #Legal
Prediction markets
CFTC Proposes First U.S. Prediction Market Rules
The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation, aiming for a 90-day review process to assess contract legality while supporting responsible innovation in the industry. #Update #Legal $BTC $ETH
FIFA Prediction Partner Launches US Trading
ADI Predictstreet launched on June 8, trading in 23 U.S. states via Fanatics Markets after Gibraltar’s swift licensing; CEO Psarrakis denies Qatargate links. #Update #Legal
Sportradar Powers Kalshi’s Prediction Markets
Kalshi partners with Sportradar for official data and integrity tools across MLB, NHL, MLS, UFC amid regulatory scrutiny in 11 states; CFTC supports. #Update #Legal
FIFA World Cup Sparks $2B Polymarket Surge
Polymarket and Kalshi hit $2B in World Cup bets, facing regulatory scrutiny in Minnesota, New Mexico, and Nevada over gambling classification. #Update #Legal
Trading Firms Embrace Polymarket Betting Surge
@DRW is launching a prediction market desk, targeting platforms like Polymarket and Kalshi, as institutional trading firms view these markets as a legitimate asset class. #Update #Crypto $BTC
Polymarket Accuses Kalshi of Espionage
Polymarket accuses rival Kalshi of corporate espionage, claiming product launch copying and potential office surveillance. Both companies deny allegations; no evidence surfaced. #Update #Legal
Polymarket CMO Pays Influencers via PayPal
Polymarket CMO Matthew Modabber used personal PayPal to pay $2.5M+ to influencers, raising disclosure concerns amid U.S. market re-entry efforts, per POLITICO. #Update #Legal
World Cup Sports Trading Surges with $5M Beta
@Pred launched public access on Base, targeting the 2026 FIFA World Cup with a peer-to-peer sports exchange offering 200ms USDC settlements and live micro-markets for ongoing sports volume. #Update #Crypto
Moomoo Launches Prediction Markets with Kalshi Partnership
@Moomoo partners with @Kalshi to offer CFTC-regulated event contracts for trading on economic, political, and cultural outcomes, expanding access to prediction markets. #Update #Crypto
George Santos Bets on State of Union
George Santos allegedly profited tens of thousands by betting against his State of the Union attendance, prompting DOJ and CFTC investigations. #Breaking #Legal
Polymarket Secures 2026 Germany Deal
Polymarket partners with OneFootball, excluding Germany due to licensing, marking its sixth football deal in five months. The partnership reaches 200M users globally. #Update #Crypto
Galaxy Launches $10 Million Prediction Market
@GalaxyDigital launched OTC prediction markets trading for institutions, facilitating a $10M trade with Arca on regulatory outcomes, enhancing liquidity for large investors. #Update #Crypto $BTC
Kalshi Challenges Minnesota’s Prediction Market Ban
Kalshi sued Minnesota to block SF4760, a felony ban on prediction markets. The CFTC filed its own suit, challenging state overreach into federal regulation. Legal