NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene
A coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi and Polymarket,...
Original source
Read on Bitcoin NewsRelated market context
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...
CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them
The CFTC has proposed its first written framework for sports event contracts, formally defining sports markets as “gaming” – then...
Hungary Reverses Crypto Crackdown, CFTC Proposes Prediction Market Rules, and Anthropic AI Jailbroken in 48 Hours
Hungary decriminalises crypto trading after EU scrutiny, CFTC proposes prediction market rules, and Anthropic's AI jailbroken in 4...
Hungary Decriminalises Crypto Trading, CFTC Proposes Prediction Market Rules, and AI Model Jailbroken in 48 Hours
Hungary reverses crypto restrictions, CFTC proposes prediction market rules, and an AI model is jailbroken in 48 hours. Key regula...
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, v...
Natus Vincere seeks first win over Legacy at IEM Cologne Major as crypto exits esports sponsorship stage
The shift from crypto to traditional sponsorships in esports may signal a stabilization phase, impacting future investment and par...