- 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.
Polymarket and Kalshi began hosting prediction markets specifically designed for institutional trading.
2 reports, 2 independent
Updated Jul 10
Gone quiet
- Reports
- 2
- Developments
- 3
- Repetition
- 0%
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
Polymarket and Kalshi began hosting prediction markets specifically designed for institutional trading.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Polymarket and Kalshi are engaged in market rivalry and seeking federal approval to offer margin trading options.Sub-event
Prediction market platforms Polymarket and Kalshi are expanding into specialized financial products.1 source
Platforms are hosting prediction markets tailored for institutional traders.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
- Coinbase, as a major player, is facing competitive pressure from Kalshi's index perpetuals while navigating necessary regulatory approvals from the CFTC and SEC.
- Major prediction market platforms Polymarket and Kalshi are under scrutiny as a Commission advises on election betting restrictions.
- 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 entities involved
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Polymarket
online prediction solicitation and aggregation engine