Blockchain.com files with CFTC to launch US prediction markets and crypto derivatives
The crypto exchange is seeking CFTC licenses, joining a wave of platforms trying to enter the regulated US event contracts business.
BigGo Finance · +13 outlets
CFTC proposes classifying event contracts as swaps, sweeping in Polymarket and Kalshi
The rule would put event contracts explicitly under swap rules, reshaping how prediction markets are regulated in the US.
KuCoin · +8 outlets
Coinbase agrees to halt sports event contracts in Michigan by Oct. 10 deadline
Coinbase joins Kalshi and Robinhood in pulling sports-related event contracts from Michigan under pressure from state regulators.
The Sports Geek · +14 outlets
NFL backs Supreme Court review of prediction markets, splitting with other leagues
The NFL is urging the justices to uphold state gambling rules, breaking with other major leagues on how sports event contracts should be treated.
Betting News · +14 outlets
Ohio widens crackdown on prediction markets after Sixth Circuit win
Ohio is targeting ten prediction market operators over sports contracts following a favorable appellate ruling.
PlayUSA · +4 outlets
Coinbase appeals Connecticut ruling over sports event contracts
The appeal extends Coinbase's legal fight with states over whether sports event contracts fall under gambling law.
The Crypto Times · +14 outlets
Seminole Tribe sues DraftKings over sports event contract offerings in Florida
The tribe, which holds Florida sports betting exclusivity, is challenging DraftKings' prediction market products in the state.
DeFi Rate · +13 outlets
Polymarket and Kalshi volumes reach $150B as regulators scrutinize prediction market ETFs
Cumulative trading volume highlights the scale prediction markets have reached even as new ETF products draw regulatory attention.
CoinMarketCap · +2 outlets
Former anti-gambling senator now lobbying for Kalshi on prediction markets
The reversal illustrates the revolving door between prediction market operators and the officials who once sought to restrict them.
Ars Technica · +14 outlets
Prediction market retreat continues across three states
Operators are pulling sports event contracts in additional states as regulators press their cases.
Legal Sports Report · +14 outlets
Citizens reiterates Robinhood stock rating on prediction market growth
The analyst note ties Robinhood's outlook to expanding prediction market revenue despite recent share weakness.
Investing.com · +6 outlets
CME expands sports derivatives push with baseball futures
CME's baseball futures extend the exchange's move into sports-linked contracts as prediction markets draw scrutiny.
KELO-AM · +12 outlets
Robinhood shares fall after hours as analysts and retail traders shrug off the dip
The selloff drew commentary on Robinhood's valuation and its prediction market ambitions.
Stocktwits · +10 outlets
Reask to supply settlement data for Interactive Brokers ForecastEx hurricane contracts
Interactive Brokers' ForecastEx venue is adding live hurricane contracts with third-party settlement data.
Artemis.bm · +1 outlets
DraftKings down 19% in a month as Bank of America weighs in
The share decline reflects investor concerns over prediction market competition and sportsbook economics.
24/7 Wall St. · +4 outlets
Cato argues prediction markets should not face fragmented state regulation
The policy paper adds to the debate over whether event contracts belong under federal or state oversight.
Cato Institute · +1 outlets
ETF gives investors private-market exposure to Kalshi and Polymarket
The fund offers a route to hold stakes in the private prediction market companies that individual investors cannot buy directly.
The Globe and Mail