CFTC probes mention markets as Kalshi pulls sports bets
The Commodity Futures Trading Commission is reviewing prediction market “mention markets” over concerns that contracts tied to specific spoken words may be unusually easy to...
Tag : CFTC
CFTC to discuss crypto and AI rules at first IAC meeting
The CFTC has scheduled a three-hour meeting for Aug. 20 to examine crypto assets, artificial intelligence, prediction markets, and its recent work across the three...
Morning Minute: The CFTC Bails Out Kalshi in NY
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt....
CFTC Invokes Emergency Powers to Keep Kalshi Trading Despite New York Suit
In brief The CFTC has used its emergency authority to order Kalshi to keep operating, after the exchange notified the agency of a market emergency....
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The US Commodity Futures Trading Commission (CFTC) invoked its emergency authority on Tuesday, ordering prediction market Kalshi to continue operating. The CFTC said that New...
SEC, CFTC sue Goliath Ventures over $400M crypto Ponzi scheme
The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) filed separate civil lawsuits against Goliath Ventures and founder Christopher Delgado over...
CFTC Polymarket case paused over soldier’s $400K bets
A federal judge has paused the CFTC’s civil case against a US Army soldier accused of using classified information to earn more than $400,000 from...
CFTC warns prediction markets over gambling-style odds
The CFTC has warned regulated prediction markets against displaying American-style gambling odds as state authorities intensify efforts to classify sports event contracts as unlicensed betting....
Senators Push CFTC to Ban Wildfire Bets on Prediction Markets
In brief Nine Democratic senators urged the CFTC to prohibit prediction market contracts tied to wildfires. Lawmakers said the markets could create incentives for arson,...
CFTC chief backs innovation in $1.2 quadrillion derivatives market
CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a new phase of development. Summary...