CFTC Sues Rhode Island as State Rules Threaten Prediction Markets
In recent developments, the Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling laws from being applied to federally…
CFTC Moves to Drop Gemini Restrictions in Case It Says Shouldn’t Exist
In recent developments, the CFTC says its Gemini crypto case should never have been filed under current enforcement standards. The agency has joined Gemini in asking a federal court to…
CFTC seeks to reverse settlement deal with Gemini
In recent developments, the CFTC claimed that its settled complaint filed under the Biden administration relied heavily on a whistleblower’s allegations that Gemini inflated trading activity to distort user demand.…
Trump backs CFTC authority over prediction markets
In recent developments, uS President Donald Trump says it is “critically important” that the CFTC has sole authority over prediction markets, and took aim at several state officials. Looking closer,…
CFTC officials who questioned prediction markets were suspended: NYT
In recent developments, a New York Times investigation found that senior CFTC officials who raised concerns about Polymarket, Crypto.com and Gemini were suspended and pushed out. Looking closer, market participants…
CFTC and NHL Sign MOU Targeting Fraud in Hockey Prediction Markets
In recent developments, the Commodity Futures Trading Commission (CFTC) and the National Hockey League (NHL) signed a memorandum of understanding (MOU) on May 21, 2026, formalizing a cooperative framework to…
CFTC sues Minnesota, Governor Tim Walz over prediction markets ban
In recent developments, about 24 hours after Minnesota Governor Tim Walz signed a bill into law passed by the state’s legislature to effectively ban prediction markets in the state, the…
CFTC Drops Swap Reporting Duties for Prediction Market Operators Across the US
In recent developments, the Commodity Futures Trading Commission (CFTC) issued a blanket no-action letter this week, relieving prediction market operators from swap data reporting and recordkeeping obligations tied to fully…
CFTC no-action letter eases event contract reporting rules
In recent developments, the CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen. Looking closer, market participants highlight key drivers…
SEC-CFTC Alignment Cuts Risk of Overlapping Enforcement Actions
In recent developments, the CFTC and SEC are increasing coordination across crypto, securities, and derivatives markets as regulators face growing overlap between the sectors. CFTC Chair Michael Selig cited a…
