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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 collateralized event contracts.…
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 memorandum of understanding,…
The U.S. Senate Banking Committee has released a 309-page updated draft of the CLARITY Act as the landmark crypto market structure bill heads toward a formal markup vote on May…
Federal investigators are examining oil futures trades totaling more than $2.6 billion. The Department of Justice (DOJ) and Commodity Futures Trading Commission (CFTC) are probing large bets placed before Iran-related…
A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The…
Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are derivatives that fall under federal jurisdiction and should stay there. The…
Coinbase says prediction markets should stay under CFTC oversight, arguing event-based contracts already fit within federal derivatives law. The company laid out four points in a comment letter and public…
Polymarket is in active talks with the U.S. Commodity Futures Trading Commission (CFTC) to remove a ban that has kept its primary blockchain-based exchange away from American traders since 2022,…
The U.S. Commodity Futures Trading Commission (CFTC) filed a federal lawsuit against Wisconsin on Tuesday, directly challenging the state’s attempt to shut down prediction market platforms operating under CFTC oversight.…
CFTC escalates prediction market fight as state challenges intensify across the U.S. The Kalshi case in Massachusetts heightens tensions, with regulators warning states they will see them in court. Key…