CFTC seeks to define event contracts as swaps amid prediction market fight
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CFTC Sends White House New Rules to Cement Its Grip on Prediction Markets
The two proposals would define event contracts as "swaps" while excluding "casino-style gambling products"—a bid to cement the agency's exclusive jurisdiction as states sue prediction-market operators over gambling claims.
CFTC issues warning over risky prediction market ‘mention’ contracts
The warning comes weeks after the CFTC fined a former White House teleprompter operator who made more than $107,000 trading prediction contracts tied to President Trump’s speeches.
EU regulators warn: Some prediction market event contracts are prohibited from being sold to retail investors.
BlockBeats reported on July 5th that the European Securities and Markets Authority (ESMA) issued a statement saying that if "event contracts" in prediction markets meet the definition of financial instruments, they fall under the category of binary options and, according to EU regulations, cannot be marketed, distributed, or sold to retail investors. ESMA stated that the legal status of a product depends on its actual function, not on its commercial name such as "event contract." If the relevant contract meets the MiFID II definition of a financial instrument, it will be considered a derivative and subject to the EU's binary options ban. ESMA also pointed out that even if a platform only offers related products to professional investors, it still needs to obtain MiFID II authorization if it provides related investment services in the EU. Furthermore, event contracts may also be subject to the gambling laws of individual member states; if the product is tokenized and does not fall under the financial instrument category, it may be subject to the Markets in Crypto-Assets Regulation (MiCA) framework.
CFTC Staff Advisory Says Prediction Market 'Mention' Contracts Invite Manipulation
Three weeks after fining a teleprompter operator who traded on speeches he had already read, regulators set out what exchanges must show.
Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business.
CFTC seeks public input on AI compute futures contracts as CME eyes October launch
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power.