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A former CFTC commissioner highlights how complex financial contracts historically reserved for institutional traders are now increasingly accessible to retail investors and unconventional market participants.
The CEO of CME Group Inc. urged the chairman of the Commodity Futures Trading Commission to enhance oversight of prediction markets, citing concerns about potential manipulation as these platforms expand.
CFTC Commissioner Kristin Johnson Selig stated that the Clarity Act provides clear rules for the cryptocurrency industry, emphasizing that regulations will be established one way or another. Her comments underscore the ongoing efforts to define the legal framework for digital assets.
The US Commodity Futures Trading Commission (CFTC) is seeking public comment on the potential for compute derivatives, as demand for AI computing power continues to grow. This move comes as exchanges like ICE and CME explore new markets in this sector.
Kalshi has submitted a filing with the Commodity Futures Trading Commission (CFTC) to offer equity index perpetuals. This move indicates the company's intention to expand its offerings in the derivatives market.
The Justice Department and a U.S. financial regulator are reportedly investigating transactions involving Radiant World, a private firm that has rapidly grown to become one of the world’s largest iron ore traders.
The Commodity Futures Trading Commission (CFTC) has reportedly bailed out Kalshi in New York.
The Commodity Futures Trading Commission (CFTC) and several states, including Utah, are in a dispute over the classification of 'event contracts,' with critics arguing they constitute illegal gambling.
Binance.US is planning to apply for a license with the Commodity Futures Trading Commission (CFTC) to launch its own prediction market, as announced by the company's CEO.
Fanatics has reportedly acquired a CFTC (Commodity Futures Trading Commission) exchange as part of its strategic push into the prediction market sector.
The Commodity Futures Trading Commission (CFTC) is set to block CME's proposal to fast-track 24/7 oil contracts, preventing the immediate implementation of the plan.
The CME Group has filed a lawsuit against the Commodity Futures Trading Commission (CFTC), indicating a regulatory dispute between the financial exchange and the watchdog.
The Commodity Futures Trading Commission (CFTC) is seeking public input regarding the implementation of 24/7 futures and energy perpetuals trades.
The Commodity Futures Trading Commission (CFTC) has issued a permanent trading ban against Alex Mashinsky, the founder of Celsius, for his involvement in crypto fraud.
CME Group has filed a lawsuit against the Commodity Futures Trading Commission (CFTC) regarding the agency's approval of perpetual futures contracts.
Outgoing CME CEO Terrence Duffy announced that the exchange operator plans to sue the CFTC following the agency’s decision to approve perpetual futures.
Donald Trump announced that a peace deal between the US and Iran would be signed on Sunday, a claim met with disagreement from Iran regarding the timing. The impending agreement sparked strong reactions, including criticism from Israeli Prime Minister Netanyahu who convened an emergency security council meeting.
The CFTC, under the Trump administration, has filed a notice seeking public comments on whether prediction market bets on game shows, reality show competitions, and pageants should be permitted.
A New York City bar is utilizing CFTC-regulated prediction markets to hedge against a unique financial risk: the potential cost implications of a Knicks victory.
Donald Trump stated he is setting the 'rules of the road' for prediction markets, advocating for exclusive oversight of the industry by the Commodity Futures Trading Commission (CFTC).
The CFTC is calling for the revocation of a consent order against a Gemini Space Station unit, while the company's shares have risen following the launch of its new AI-powered predictions platform.
The Commodity Futures Trading Commission (CFTC) has submitted a proposal for regulating prediction markets to the White House, which is now reviewing the plan to establish a regulatory framework.
A New York Times investigation reveals how the Commodity Futures Trading Commission (CFTC) purged its ranks, reduced enforcement, and favored industries heavily invested in by President Trump’s family.
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit seeking to block Minnesota's pioneering ban on prediction markets.
The U.S. Securities and Exchange Commission (SEC) has once again postponed its decision on prediction market exchange-traded funds (ETFs), even as the Commodity Futures Trading Commission (CFTC) expresses support for the sector.
A New York trader has been ordered to pay the Commodity Futures Trading Commission (CFTC) $200,000 in connection with alleged spoofing activities.
King Charles III delivered a historic speech to a joint session of the US Congress, becoming the first British monarch to do so since 1991. During his address, he emphasized the importance of Western unity and received a standing ovation.
The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York in an attempt to block the state's oversight of prediction markets.
"The Americans didn't vote for this!" Even among his supporters, Trump's war in Iran is starting to cause irritation. Seneweb
Nishad Singh, a former crypto engineer at FTX, has been fined $3.7 million by the CFTC but will avoid prison time for his involvement in the cryptocurrency exchange's collapse.
The top enforcement official at the CFTC issued a warning against insider trading activities occurring on prediction markets, emphasizing regulatory scrutiny in this emerging area.
The SEC and CFTC have issued joint guidance aimed at clarifying the regulatory status of digital commodities in the cryptocurrency market.
The SEC and CFTC have delivered landmark clarity regarding cryptocurrency regulations, impacting the digital asset market.
The Commodity Futures Trading Commission (CFTC) staff has issued a no-action letter concerning Phantom Wallet, providing regulatory clarity or relief for the cryptocurrency platform.
Corn prices closed higher on Friday, driven by CFTC data showing an influx of speculative long positions in the market.
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have signed a Memorandum of Understanding (MOU) to enhance coordination and collaboration between the two regulatory bodies.
CFTC Backs Crypto.com In Nevada Prediction Markets Fight—SCOTUS Next? Forbes
Kalshi's website Thomas Fuller/NurPhoto via Getty Images Nevada regulators sued Kalshi, saying its markets are actually illegal sports gambling. The suit was filed just as the Trump administration sided with prediction markets. Other states have also sued Kalshi, and many legal observers expect the Supreme Court to weigh in. Nevada gambling regulators sued the prediction markets company Kalshi on Tuesday, saying the platform's rapid growth forced their hand. The Nevada Gaming Control Board and the state attorney general sued in Carson City District Court shortly after a federal appeals court rejected a request by Kalshi to stop the state from taking action. The state is seeking an order to stop Kalshi, the country's largest prediction market, from operating what it sees as an unlicensed sports betting operation. "Kalshi has continued to dramatically expand its business, rather than attempting to maintain any kind of status quo," Nevada authorities said in a letter earlier this month. The regulators emphasized that Kalshi has grown rapidly, doing 27 times as much business on Super Bowl Sunday this year compared to the year before. Meanwhile, regulated Nevada gambling operations saw their business shrink, the state said. A Kalshi spokesperson declined to comment on Tuesday afternoon, but the company swiftly asked a federal court to take over the new state case. They argued that only federal law applies to prediction markets, and that the new state enforcement action turns on the same questions that federal courts are already considering. Kalshi has said that its markets are "event contracts," a financial instrument regulated by the Commodities Futures Trading Commission. The CFTC on Tuesday sided with another events-contracts company that is fighting with Nevada regulators, and its chairman, Michael Selig, filmed a video statement defending the new platforms. "Today, the CFTC is taking an important step to ensure that these markets have a place here in America," Selig said. "To those who seek to challenge our authority in this space, let me be clear: we will see you in court." Economists and political scientists have long been fascinated by prediction markets as a way to channel the so-called wisdom of the crowds. They were generally a niche activity until the 2024 US presidential election, when people wagered millions of dollars on sites like Polymarket. Since the election, sports and cryptocurrency speculation have become the dominant markets. Today, more than 90% of the money that flows through Kalshi's platform is staked on sports-related events, and the growth of platforms like Kalshi has spurred traditional sportsbooks like FanDuel and DraftKings to create their prediction markets to take advantage of the light-touch regulation and lower taxes they offer. Legal battles are pending on the East Coast as well, with regulators in Maryland and New Jersey having clashed with prediction markets. Attorneys and other industry commentators have said they expect the Supreme Court to eventually weigh in on the legality of sports contracts on prediction markets. Read the original article on Business Insider
The CFTC Chair is defending the agency's jurisdiction amidst a legal battle with states over prediction markets.
Former CFTC Commissioner highlights how prediction market platforms are finally making sophisticated financial risk management instruments accessible to small enterprises and everyday investors.
The CFTC's first Innovation Advisory Committee meeting addressed the emerging risks associated with prediction markets, with members advocating for stronger consumer protection measures.
The HYPE token experienced a 23% surge in value, driven by increased optimism for Hyperliquid's entry into the US market following a potential CFTC pathway.
FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison have been issued five-year trading bans by the US derivatives regulator as part of a settlement regarding their roles at the collapsed cryptocurrency exchange.
Alpaca has registered as a Futures Commission Merchant with the CFTC and NFA, a step towards launching its prediction markets.
The Commodity Futures Trading Commission (CFTC) is carefully balancing regulatory oversight and innovation as it addresses the challenges posed by prediction markets.
The Commodity Futures Trading Commission (CFTC) has directed Kalshi to maintain its operations, despite a legal challenge from New York's government seeking to shut down the platform.
Kalshi, a prediction market platform, suffered a significant loss in a Utah court, even as the CFTC supports its operations nationwide, with the Attorney General warning about gambling.
Binance.US is reportedly planning to bid for a CFTC license, aiming to launch prediction markets as part of its expansion strategy.
Fanatics is making a significant push into prediction markets, including the acquisition of a CFTC-registered exchange. This move marks a strategic land grab in the emerging sector of prediction-based trading.
The CFTC is set to block CME's attempt to fast-track approval for round-the-clock oil contracts, a move that follows a lawsuit filed by the derivatives exchange over crypto product approvals.
The Commodity Futures Trading Commission (CFTC) has sued Kentucky over its actions against prediction markets, making it the first 'red state' to face federal scrutiny in the commission's ongoing battle to regulate event contracts.
CME Group is reportedly suing the CFTC, seeking to reclassify Kalshi's Bitcoin perpetual futures as swaps rather than banning them, revealing underlying stakes in the regulatory dispute.
CME has filed a lawsuit against the CFTC, seeking to prevent Kalshi from offering crypto-style perpetual futures, highlighting a regulatory and competitive dispute in the derivatives market.
The CEO of CME has announced the company's intention to sue the Commodity Futures Trading Commission (CFTC) regarding its approval of Bitcoin perpetual futures.
CFTC Chair Michael Selig has defended the decision to approve perpetual futures in the U.S., stating that while incumbents may fear the future, it is crucial to develop this new asset class domestically rather than solely offshore.
The Commodity Futures Trading Commission (CFTC) is reportedly considering blocking CME's proposal to introduce a 24/7 oil contract. This decision could impact the future of continuous trading in oil markets.
Chainlink is gaining momentum with the launch of Kalshi’s CFTC-regulated LINK perpetuals, as ETF inflows for the cryptocurrency hit $101 million.
The White House is currently reviewing a joint proposal from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to revise existing swaps reporting regulations.
The Commodity Futures Trading Commission (CFTC) has sued Rhode Island, marking the seventh state the commission has taken action against in an ongoing dispute over the right to regulate event contract platforms.
The Commodity Futures Trading Commission (CFTC) and Gemini have jointly filed a motion seeking to reverse a previously agreed-upon $5 million settlement.
During a cabinet meeting, President Trump appeared to threaten Oman, a US ally, with military action, stating he would 'blow up' the country. The comments were made in an apparent confusion regarding control over the Strait of Hormuz and ongoing discussions with Iran.
Donald Trump has significantly strengthened his influence within the Republican Party, particularly after his endorsed candidates defeated critics in recent primary elections. This consolidation of power has been described as his endorsement machine steamrolling dissent.
The Commodity Futures Trading Commission (CFTC) has appointed crypto expert DJ Hennes to help future-proof US derivatives rules.
The Commodity Futures Trading Commission (CFTC) has issued a no-action letter concerning prediction markets, aiming to streamline the process of swap data reporting for these platforms. This regulatory move seeks to clarify reporting requirements for participants in the growing prediction market sector.
The Commodity Futures Trading Commission (CFTC) is reviewing a trader data report as Kalshi, an event-based prediction market, expands its offerings in the commodities sector.
Senator Jeff Merkley led a letter to the CFTC, urging stricter rules for companies like Kalshi and Polymarket, citing concerns over prediction markets, sports betting, and potential insider trading.
According to CoinDesk, the Commodity Futures Trading Commission (CFTC) plans to deploy artificial intelligence to enhance its efforts in policing the cryptocurrency market.
CFTC Chair Mike Selig is reportedly facing bipartisan opposition regarding his stance on prediction markets and Hyperliquid Perps.
A US judge has blocked a criminal case in Arizona against Kalshi, an event-based prediction market, following a request from the Commodity Futures Trading Commission (CFTC). This ruling impacts the regulatory landscape for such platforms.
An official from the CFTC has stated that the agency is closely monitoring spikes in oil futures trading.
A senior official from the Commodity Futures Trading Commission (CFTC) has announced that addressing insider trading within prediction markets is a key enforcement priority for the agency.
A discussion examines whether recent actions by the SEC and CFTC have provided substantial regulatory clarity for the cryptocurrency market, moving beyond mere temporary solutions.
The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are taking steps to define which digital assets will be classified as securities.
The Commodity Futures Trading Commission (CFTC) has approved Phantom Wallet to integrate prediction markets, marking a significant development in the cryptocurrency and financial technology sectors.
The Commodity Futures Trading Commission (CFTC) has confirmed its alignment with the Securities and Exchange Commission (SEC) regarding the oversight of cryptocurrency markets.
The Chair of the Commodity Futures Trading Commission (CFTC) has indicated that perpetual futures are set to be introduced in the United States.
A letter to Commodity Futures Trading Commission Chairman Michael Selig cites three Polymarket contracts related to a NASA launch, Venezuela and Ukraine.
A legal dispute over prediction markets is emerging, sparked by recent actions from the CFTC.
The Blockchain Association is urging the SEC and CFTC to authorize equity perpetual futures contracts in American financial markets, aiming to expand digital asset trading options.
The U.S. Commodity Futures Trading Commission (CFTC) is seeking public comments on compute derivatives, a move prompted by the increasing demand for artificial intelligence.
The HYPE cryptocurrency saw a 17% increase following former President Trump's support for the CFTC's approach to Hyperliquid in the United States.
In a case brought by the CFTC, former executives of cryptocurrency firms FTX and Alameda have been issued five-year bans from trading. This action follows regulatory scrutiny of their past activities.
The CFTC and banks are stepping up their scrutiny of prediction betting platforms, specifically reviewing their "mention markets." This increased oversight was confirmed by sources familiar with the matter.
Hyperliquid is engaging with the Commodity Futures Trading Commission (CFTC) to establish a pathway for its entry into the U.S. perpetual futures market.
Polymarket is making changes to its marketing practices as it anticipates a boom in prediction markets this fall, while also facing an ongoing investigation by the Commodity Futures Trading Commission.
A group of Democratic senators has urged the Commodity Futures Trading Commission (CFTC) to restrict prediction market trading on wildfires, citing concerns that such bets could incentivize arson.
Prediction market platforms like Kalshi and Polymarket are expanding their services to include perpetual futures trading following CFTC approval, while CME Group is also launching single-stock futures to broaden investment options.
A White House teleprompter operator has been placed on unpaid leave amid reports that he made over $100,000 betting on Donald Trump's speeches. This comes as Trump is scheduled to give an address on election integrity, with some networks considering not airing it.
The U.S. Commodity Futures Trading Commission (CFTC) has begun an investigation into Polymarket, a prediction market platform, marking a significant test for the powerful financial regulator.
An analysis explores which entities are receiving the fastest approvals from the Commodity Futures Trading Commission (CFTC). The findings suggest patterns in the speed of regulatory clearances.
CME Group is reportedly suing the Commodity Futures Trading Commission (CFTC) regarding the regulation of perpetual futures contracts, known as 'Perps'.
CME has filed a lawsuit against the US Commodity Futures Trading Commission (CFTC) regarding its decision to allow Kalshi and Coinbase to offer perpetual futures. The lawsuit challenges the regulatory approval of these offerings.
An article explains the reasons behind CME's potential move to sue the Commodity Futures Trading Commission (CFTC) regarding crypto perpetual futures.
Former CFTC Chair Chris Giancarlo shares insights on how America can lead the next generation of markets.
The Commodity Futures Trading Commission (CFTC) has unveiled a new proposed framework for prediction markets. The proposal would prohibit contracts related to war and terrorism bets while still allowing sports markets.
SpaceX is reportedly planning a record-setting initial public offering (IPO) at $135 per share, aiming for a $1.75 trillion valuation, with investors actively acquiring shares. Analysts are also highlighting key risks associated with the potential IPO.
The HYPE Token has achieved a new record high, driven by the Commodity Futures Trading Commission's (CFTC) approval of perpetuals for the Hyperliquid platform, signaling a significant development in the crypto market.
The Commodity Futures Trading Commission (CFTC) has filed jointly with a crypto firm run by the Winklevoss twins to overturn their settlement, a move described by a former CFTC chief as 'very unusual' and highlighting ongoing regulatory scrutiny in the cryptocurrency sector.
The Commodity Futures Trading Commission (CFTC) has requested a judge to vacate a $5 million penalty previously imposed on Gemini.
The Commodity Futures Trading Commission (CFTC) has reportedly granted approvals to three prediction market companies that have connections to the Trump family.
Iran has issued a stern warning that any resumption of US attacks would lead to a war that would spread "far beyond the region." Iranian officials stated that their devastating strikes would crush any aggressors.
The new CLARITY Act is set to transfer oversight of cryptocurrency to the Commodity Futures Trading Commission (CFTC), an agency that has recently experienced a 21% reduction in its staff.
Bullish is pursuing approval from the Commodity Futures Trading Commission (CFTC) to operate a U.S. derivatives exchange and clearinghouse.
Cryptocurrency exchange Gemini has secured key approval from the CFTC, allowing it to expand its prediction market and perpetuals offerings.
Polymarket is exploring a return to the US market for its crypto exchange, with approval from the lone CFTC Chair currently under consideration.
Polymarket is seeking approval from the CFTC to bring its main crypto exchange operations onshore in the United States.
The Commodity Futures Trading Commission (CFTC) has reportedly launched an investigation into suspicious trading activities involving oil futures on the CME and ICE exchanges.
A U.S. judge has granted a request from the Commodity Futures Trading Commission (CFTC) to block a criminal case initiated by Arizona against the prediction market platform Kalshi.
CFTC enforcement chief David Miller stated that insider trading on platforms like Kalshi and Polymarket is illegal and announced plans to hire more staff to crack down on such activities.
Cryptocurrency exchange KuCoin has paid $500,000 to the Commodity Futures Trading Commission (CFTC) to resolve a civil case against the company.
Major League Baseball named Polymarket its exclusive prediction markets partner while inking an "integrity framework" with the CFTC.
The Commodity Futures Trading Commission (CFTC) has granted approval for Phantom to facilitate user connections to regulated derivatives markets.
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have signed a Memorandum of Understanding (MOU) to launch a joint initiative aimed at harmonizing crypto regulations.
The CFTC has issued its first guidance on preventing manipulation in prediction markets, aiming to ensure fairness and integrity in these emerging financial instruments.
Employer organizations, CFDT, and CFTC in France have reached an agreement to reduce unemployment benefits following conventional employment terminations, aiming for up to 900 million euros in savings.
CFTC Chairman Michael Selig is siding with prediction markets in their ongoing legal battles with state regulators, intensifying the political debate.
The CFTC is asserting its authority over prediction market enforcement and regulation, filing an amicus brief as states challenge platforms.