Polymarket pulls controversial Iran rescue markets after intense backlash

In recent developments, prediction markets face rising regulatory pressure, with congressional Democrats proposing legislation to ban contracts tied to elections, war and government actions. Looking closer, market participants highlight key…

Prediction markets are testing legal limits in strict Asian markets

In recent developments, prediction markets are expanding into Asia’s largest economies, but unclear legal definitions and strict gambling laws may limit how far they can go. Looking closer, market participants…

Trump Admin Backs Prediction Markets With Lawsuits Against Illinois, Arizona …

In recent developments, the lawsuits, jointly filed by the Justice Department and the CFTC, mark the most forceful move yet by the Trump administration to free prediction markets from state…

Polymarket Brings TradFi Markets to Prediction Trading With Pyth Integration

In recent developments, polymarket has integrated Pyth Network as the resolution source for a new category of traditional asset markets on its prediction platform, giving traders a data-backed way to…

CFTC and DOJ Sue 3 States as Jurisdiction Battle Raises Stakes for Prediction…

In recent developments, federal authorities have launched a coordinated legal offensive to cement control over prediction markets, challenging state interventions and raising the stakes for how event contracts are governed…

Charles Schwab-Backed EDX Markets Applies for National Trust Bank Charter Wit…

In recent developments, eDX Markets Holding Company, Inc. applied to the Office of the Comptroller of the Currency (OCC) this week, seeking approval to organize EDX Trust, National Association as…

Bitcoin, stocks soar as markets respond to chance of US and Israel-Iran war e…

In recent developments, bitcoin held gains above $68,000 as investors leaned into news that the US and Iran were ideating ways to end the war. Will markets hold their newfound…

US Congressman Moves to Ban Staff From Trading on Prediction Markets

In recent developments, congress is moving to tighten oversight of prediction markets amid rising concerns over insider trading and misuse of sensitive information. Looking closer, market participants highlight key drivers…

Interview with SBF’s parents drops chance of pardon on betting markets

In recent developments, if betting markets are to be believed, the chances of former FTX CEO Sam Bankman-Fried getting a presidential pardon this year aren’t looking good. Looking closer, market…

BitGo, Susquehanna roll out institutional OTC access to prediction markets

In recent developments, the offering allows institutional investors to trade event-based contracts using crypto collateral, as regulatory scrutiny of prediction markets intensifies in the United States. Looking closer, market participants…