Selig said states do not have the ability to police prediction market providers, echoing his agency's stance as it pursues court cases to cement its authority.
Polymarket’s plan to roll out its own collateral token sounds, at first glance, like the kind of move that should eat into Circle's USDC. A platform swaps out USDC.e, introduces Polymarket USD, and the obvious retail question follows almost immediately: Does that mean less demand for USDC? The short answer is no. Polymarket USD is […]
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Polymarket has integrated Pyth Network to resolve daily markets on gold, crude, and more than a dozen U.S. equities.
The CFTC said it will defer to major sports leagues on which kinds of prediction market contracts are most vulnerable to manipulation.
Prediction markets spent years trying to present themselves as smarter, better, and more useful than straight-out gambling. Then sports arrived and did what elections, inflation contracts, and policy wagers never quite managed: it brought scale. They turned what was essentially a niche event trading activity into a mass product, and pushed the industry into a […]
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Prediction markets have surged past $20 billion in monthly volume, driven by geopolitics, U.S. politics, and macroeconomic event trading.
NYSE parent ICE has invested another $600 million into Polymarket as prediction markets attract growing institutional interest.
The prediction market and MLB will exclusively work together "to restrict markets that present an integrity risk."
Brahma might be able to bolster liquidity for Polymarket's lower-profile wagers that do not attract large pools of capital.
The ruling directs internet providers to block access to the site, and Apple and Google to remove or restrict Polymarket's mobile apps.
Argentina has ordered a nationwide block of Polymarket, adding to growing scrutiny of prediction market platforms globally.
The threats appear tied to a market contract with more than $14 million wagered on whether Iran carried out a strike on Israel on a specific date.
Polymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as Washington moves closer to writing new rules for the product they sell. Both companies are reportedly in early fundraising talks that could value each at around $20 billion. That fundraising chatter is taking […]
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Valory co-founder David Minarsch says autonomous agents running on the Olas protocol are giving retail traders a 24/7, strategy-driven edge on platforms like Polymarket.
The agency that once fought the events contracts platforms in court has now issued a new policy stance and is proposing permanent rules for oversight.
The bill comes as the CFTC reviews its approach to event-based prediction markets, preparing new guidance to clarify how they should operate.
Senate Democrats' bill would write the prohibition into federal law even as the CFTC shifts toward a more permissive stance on event contracts.
The new monitoring platform aims to detect suspicious trading as prediction markets face scrutiny over insider information.
The fundraising push arrives amid escalating regulatory and political headwinds and mounting insider trading allegations linked to geopolitical contracts.
Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.
Washington lawmakers are moving on multiple fronts to curb the most politically toxic corners of prediction markets after millions of dollars flowed into bets tied to US-linked military action in Iran. Over the past week, several Democratic lawmakers have been pursuing multiple paths to rein in the fast-rising business. One effort, led by Rep. Mike […]
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Nuclear weapon-themed markets aren’t new on the prediction market platform, but public outcry about the contracts has apparently forced the platform to delete them.
Rulemaking is on the way for prediction markets, said CFTC Chair Mike Selig, as the agency moves to further assert its jurisdiction.
The proposed offering mirrors the probability-based format common on prediction market platforms like Polymarket and Kalshi.
One trader who made over $2 million in recent months betting against the strikes lost $6.5 million in a single day after the U.S. and Israel attacked Iran.
The strikes caused bitcoin’s price to fall and oil futures on Hyperliquid to rise over the regional conflict’s consequences.
The bank said rising volumes, tighter market structure and early institutional engagement are pushing prediction markets beyond their gambling roots toward a new asset class.
Solana app Meteora leads the odds at 43% after the blockchain investigator teased a "major" insider-trading probe set for release on Wednesday.
Dome, which offers a unified API for prediction markets, was developed as part of startup accelerator Y Combinator’s Fall 2025 cohort.
Bitwise filed for prediction market ETFs tied to the 2028 U.S. presidential election amid state regulatory scrutiny on the sector.