CFTC

U.S. regulators are reportedly set to propose a comprehensive set of regulations for prediction markets such as Kalshi and Polymarket. The move is aimed at preventing possible manipulation while still allowing most sports-related bets. The Commodity Futures Trading Commission (CFTC) is preparing to...

Sen. Elizabeth Warren (D-Mass.) accused President Donald Trump on Wednesday of reducing enforcement on cryptocurrency and prediction markets to benefit firms linked to his family. Warren Wants Better Laws To Address Trump’s ‘Corruption’ In an X post, Warren said...

President Donald Trump backed the Commodity Futures Trading Commission’s exclusive authority over prediction markets on Tuesday, while also declaring the U.S. as the world’s Bitcoin (CRYPTO: BTC) capital. Trump Says States Must Follow ‘Rules Of The Road’ Trump said...

Sen. Adam Schiff (D-Calif.) on Tuesday accused CFTC Chair Mike Selig of contradictory statements on the contentious issue of sports betting in prediction markets. Schiff Says Prediction Markets Violate State Sovereignty In his Brookings interview with Aaron Klein, Schiff described...

Commodity Futures Trading Chairman Michael Selig said today that the agency is in active discussions with all major sports leagues about prediction market integrity, as the industry’s biggest backer builds out institutional trading infrastructure. “We’re talking to all the sports...

The Solana (CRYPTO: SOL) ecosystem cheered on Tuesday after the Securities and Exchange Commission issued an interpretation clarifying that most cryptocurrency assets are not securities. Solana Among Several Cryptos Declared Securities Solana’s official handle took to X, pointing to the...

Senator Elizabeth Warren (D-Mass.) issued a scathing rebuke of the Commodity Futures Trading Commission (CFTC) on Wednesday, following Chairman Michael Selig's announcement that the federal agency would intervene in state-led lawsuits to defend the “exclusive jurisdiction” of prediction...

Commodity Futures Trading Commission Chair Michael S. Selig said Thursday that the regulator will draft “clear rules” for prediction markets and withdraw a proposal that prohibits sports and politics-related contracts. CFTC Announces Major Policy Shift Selig said the commission is...

Prediction market Polymarket has taken the world by storm and is currently disrupting the sports betting sector. With a new investment from New York Stock Exchange parent Intercontinental Exchange Inc (NYSE:ICE), the company's founder has become the world’s youngest self-made billionaire....

The Trump administration has pulled back the nomination of Brian Quintenz for the chair of the Commodity Futures Trading Commission, a White House official told Benzinga late Tuesday. Quintenz’s Name Withdrawn Nearly eight months after President Donald Trump picked Quintenz to lead the...

Shayne Coplan, founder and CEO of decentralized prediction platform Polymarket, said Wednesday that the Commodity Futures Trading Commission has approved the platform’s operation in the U.S. Polymarket Cleared For US Comeback Coplan confirmed the development in an X post, praising the agency...

The Securities and Exchange Commission and the Commodity Futures Trading Commission announced a joint initiative on Tuesday to streamline the trading process of cryptocurrency assets. SEC, CFTC Team Up To Establish Clear Crypto Guidelines The SEC’s Division of Trading and Markets ...

During a recent interview, Robinhood Markets (NASDAQ:HOOD) CEO Vlad Tenev shared more details on the company's new product expansion, including prediction markets on items like elections and sports contests. What Happened: Evolving from a stock brokerage app and crypto trading platform, Robinhood...

A plan by Robinhood Markets (NASDAQ:HOOD) to offer event contracts for Super Bowl LIX has ended after pressure from the Commodity Futures Trading Commission. What Happened: Robinhood's planned launch of more sports event contracts through a partnership with Kalshi was expected to come in time for...

The Commodity Futures Trading Commission launched an inquiry on Monday into Crypto.com and Kalshi on how the companies' Super Bowl event contracts comply with derivatives regulations. The Details: According to a Bloomberg report, the CFTC has requested additional information from Kalshi and Crypto....