CFTC proposes framework favoring sports event contracts over gambling
The proposed rules would preserve election markets and allow many sports-based prediction contracts while limiting bets that could encourage manipulation.
Bitcoin News·
U.S. Senator Elizabeth Warren pressed the CFTC over whether it can effectively police fast-growing crypto and prediction markets. Her letter cited staffing cuts, declining enforcement, and potential industry and political influence as risks to investors. Crypto Oversight in the Spotlight After Warren Questions Federal Regulation U.S. Senator Elizabeth Warren on June 8 announced an inquiry […]
Read full articleThe proposed rules would preserve election markets and allow many sports-based prediction contracts while limiting bets that could encourage manipulation.
Across prediction markets, on-chain dashboards, and sentiment trackers, a clear majority of Bitcoin investors have positioned themselves for further downside. Although Bitcoin has since recovered above $60,000, the recent crash below the level over the weekend has led many crypto traders to believe that there’s going to be another crash to the final bottom. According […]
Kalshi opened more than 150 insider-trading investigations in the first quarter of 2026, blocked over 100 potential insider trades, and referred at least 20 cases to law enforcement. The CFTC-regulated prediction market paired the numbers Tuesday with a new risk-scoring framework,
The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing what it described as a proposed approach to governing the industry under American law. The plan, issued by the agency on Wednesday, would establish standards for certain types of wagering while leaving markets tied to elections and politics largely outside the category of activities that would trigger more intensive scrutiny. Where The Line Is Drawn The new proposal sets out how the agency would start determining whether a contract should be prohibited. Under the draft, the CFTC said it preliminarily views both sporting wagers and wagers involving games of chance and pure luck as falling under “gaming.” At the same time, it suggests that wagering on sports outcomes is likely not broadly contrary to the public interest, while staking money on gambling or games of pure luck likely would be. The framework further argues that prediction markets based on sports
The CFTC's proposed regulations could streamline prediction markets, potentially reshaping state-federal dynamics and market operations. The post CFTC proposes first federal regulations for sports gambling on prediction markets appeared first on Crypto Briefing.
Senator Elizabeth Warren has called on the SEC to delay SpaceX’s $75 billion IPO, citing concerns over investor protections, governance risks, and the company’s $1.8 trillion valuation. According to a letter sent by Senator Elizabeth Warren to SEC Chair Paul…
The CFTC's regulatory review could redefine prediction markets, impacting blockchain integration, insider trading prevention, and sports betting. The post CFTC seeks public comment on prediction market event contracts framework appeared first on Crypto Briefing.
U.S. Senator Elizabeth Warren urged the SEC to delay SpaceX’s IPO, warning that a potential $2 trillion valuation could expose retirement savers and public investors to serious risks. SEC Delay Request Puts SpaceX’s June 12 IPO Under New Pressure With SpaceX’s IPO expected on June 12, U.S. Senator Elizabeth Warren (D-MA) on June 10 announced […]