NBA Embraces the CFTC on Prediction Markets as the NFL Fights It in Court
Related
NFL Sides With States Against Kalshi in Supreme Court Prediction Market Fight
The NFL urged the Supreme Court to resolve a circuit split over whether states can regulate sports contracts on prediction markets, arguing they're gambling, not federally regulated swaps.
Blockchain.com pursues CFTC approval for prediction markets: CNBC
The crypto company has reportedly applied for two licenses with the US commodities regulatory as the courts weigh prediction markets cases.
CFTC proposals aimed at separating prediction markets from casino gambling
The two measures attempt to set the stage for a potential US Supreme Court battle over federal and state jurisdiction.
CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.
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.
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.