*ROBINHOOD, https://t.co/SfkkT7qZuo EYE PREDICTION-MARKETS PARTNERSHIP: WSJ: BBG
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Kentucky has sued prediction markets Kalshi and Polymarket for operating unlicensed and illegal sports betting.
PANews reported on June 18 that, according to CoinDesk, Kentucky Attorney General Russell Coleman has sued Kalshi and Polymarket, accusing them of providing illegal sports betting without a state gambling license. This move puts the Republican-leaning state, which is expected to vote for Trump 64% of the time in 2024, at odds with Trump's position. Trump has previously stated that prediction market regulation should fall under the jurisdiction of the federal CFTC and has publicly supported CFTC Chairman Mike Selig in upholding the agency's exclusive jurisdiction over event contracts. Kentucky also alleges that these companies and their partners (Coinbase, Robinhood, and Webull) failed to provide gambling-related assistance resources as required by local law. The CFTC has previously sued eight states to defend its exclusive jurisdiction over prediction markets.
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.
Data: Signa platform users have created 854 World Cup-related prediction markets.
According to Foresight News , Signa's latest data shows that the popularity of the 2026 FIFA World Cup-themed prediction market continues to rise as the World Cup knockout stages unfold. To date, platform users have created 854 World Cup-related prediction markets. The cumulative trading volume has reached $788,400, with 6,200 trades completed. The number of participating users has increased to 3,620, and the total value locked (TVL) has reached $755,100. Signa stated that the World Cup is becoming a significant catalyst for the growth of the prediction market, and that more innovative marketing and interactive activities centered around the tournament and trending events will be launched in the future to bring users a richer experience.
Chrome updated its app store policy on August 1st, classifying prediction markets as regulated goods and strictly controlling extension data collection.
PANews reported on July 6th that, according to the Google Developer Blog, the Chrome Web Store (extension market) has updated its developer program policy, which will be strictly enforced starting August 1, 2026. The new rules explicitly classify prediction markets as regulated goods, prohibiting extensions that support real-money transactions based on prediction results; user data collected by extensions must be used only for a single, pre-disclosed purpose and cannot be used for other purposes; all data collection activities must be clearly disclosed to users, and developers must proactively inform users if data processing methods change after installation; new clauses also prohibit extensions that bypass AI service security protections and usage restrictions. Extensions that violate these rules may be forcibly removed from the store or subject to other penalties.
ZachXBT's public investigation criteria: Single victim losses exceeding $250,000, not related to Meme tokens or prediction markets.
According to Foresight News , on-chain detective ZachXBT tweeted that it will not accept or respond to investigation requests unless the following conditions are met: the case is recent, the loss of a single victim exceeds $250,000, the jurisdiction is favorable to its work, the case occurs on a chain it supports for investigation, and it does not involve Meme tokens or prediction markets.
Standard Chartered: The market has severely underestimated the potential of high-quality Robinhood and Uniswap partnerships.
According to Odaily Odaily, Standard Chartered analyst Geoffrey Kendrick stated that the market has severely underestimated the potential for partnerships between Uniswap and high-quality, trusted DeFi protocols such as Robinhood. Kendrick stated that he expects to see more such collaborations in the DeFi space in the coming quarters, particularly involving Uniswap. (The Block)