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…

Crypto VC Paradigm is developing a prediction market terminal: Fortune

In recent developments, as part of the offering, Paradigm is also exploring an internal market-making desk for prediction market trading and a prediction market index. Looking closer, market participants highlight…

CFTC’s top enforcer puts prediction market insider traders on notice

In recent developments, “There’s a myth in mainstream media and social media that insider trading doesn’t apply in the prediction markets … That is wrong,” said CFTC enforcement director David…

Texas Lt. Gov. lists crypto, prediction markets in charges for lawmakers

In recent developments, the #2 Texas state official called on lawmakers to study “the sudden inundation of prediction market gambling“ as other jurisdictions take the platforms to court. Looking closer,…

Democrats press CFTC, ethics watchdog on prediction market insider trading

In recent developments, prediction markets are facing increasing scrutiny over allegations of insider trading, prompting Kalshi and Polymarket to plan guardrails to curb potential incidents. Looking closer, market participants highlight…

Prediction market txs surge on geopolitical bets, media coverage

In recent developments, monthly notional trading volume for prediction markets has reached roughly $23.7 billion so far in March, up sharply from $1.9 billion at the same time last year.…

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…

Coinbase users push back against prediction markets notifications

In recent developments, while prediction market platforms are under legal scrutiny in the US, many Coinbase users are claiming that the app is pushing them to gamble. Looking closer, market…

P2P.me team discloses and apologizes for prediction market bets

In recent developments, the P2P.me team opened positions on the Polymarket prediction platform to wager whether the project would hit its $6 million fundraising goal. Looking closer, market participants highlight…

California governor signs order banning prediction market insider trading

In recent developments, the executive order is the latest in a wave of legal actions in the US seeking to curb government insider trading on prediction markets. Looking closer, market…