- 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.
6 reports, 4 independent
Updated Aug 31
Gone quiet
- Reports
- 6
- Developments
- 4
- Repetition
- 67%
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
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.- Lawmakers urged government to regulate betting platforms after fires in Los Angeles County attracted high-stakes bets.Sub-event
Polymarket and Kalshi face ongoing regulatory challenges concerning their operations.1 source
- Major prediction market platforms Polymarket and Kalshi are under scrutiny as a Commission advises on election betting restrictions.Sub-event
Commission advises on election betting restrictions for major prediction market platforms.1 source
Keep 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 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.
- Allegations of insider trading have surfaced regarding a prediction market, leading to reports of an ongoing investigation.
The entities involved
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Polymarket
online prediction solicitation and aggregation engine
Related events
Coverage
Newest first; wire copies grouped- nypost.com
- thestranger.com
- straitstimes.com
- npr.orgKalshi attacks Wisconsin law banning election bets as 'voter suppression'