- 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.
- Major prediction market platforms Polymarket and Kalshi are under scrutiny as a Commission advises on election betting restrictions.
Major prediction market platforms Polymarket and Kalshi are under scrutiny as a Commission advises on election betting restrictions.
1 report, 1 independent
Updated Aug 4
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
Major prediction market platforms Polymarket and Kalshi are under scrutiny as a Commission advises on election betting restrictions.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Polymarket founder Shayne Coplan confirms Polymarket's operational status and recent funding from Intercontinental Exchange (ICX).Sub-event
Polymarket faces a probe over social media conduct amidst regulatory scrutiny.1 source
Keep exploring
The entities involved
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Polymarket
online prediction solicitation and aggregation engine
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Shayne Coplan
American entrepreneur, founder & CEO of Polymarket
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