- Donald Trump and Chris Christie defend the CFTC's exclusive authority over prediction markets while acknowledging states must handle gambling products.
- President Trump and the administration address allegations of financial interests, propose prohibitions on wagering on sensitive government actions, and advocate for exclusive federal jurisdiction over prediction markets.
- The Commodity Futures Trading Commission is considering its first regulations for prediction markets, introducing integrity measures due to insider trading risks, with arrests involving specific data sources.
Coinbase, as a major player, is facing competitive pressure from Kalshi's index perpetuals while navigating necessary regulatory approvals from the CFTC and SEC.
2 reports, 1 independent
Updated Sep 4
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Coinbase, as a major player, is facing competitive pressure from Kalshi's index perpetuals while navigating necessary regulatory approvals from the CFTC and SEC.
Who's involved
What this event is mainly aboutKeep exploring
Part of
The Commodity Futures Trading Commission is considering its first regulations for prediction markets, introducing integrity measures due to insider trading risks, with arrests involving specific data sources.Also in this story
- The CFTC issued a warning regarding flawed self-certifications of contracts used in prediction markets.
- The Chicago Mercantile Exchange challenged the Commodity Futures Trading Commission's approval of Kalshi's contract.
- The Commodity Futures Trading Commission is seeking ways to ease partnerships with FinTech firms.
- Polymarket and Kalshi began hosting prediction markets specifically designed for institutional trading.
The entities involved
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Faryar Shirzad
former US presidential advisor
Nothing else this week.