The Commodity Futures Trading Commission (CFTC) is stepping up its legal assault on US states that try to take regulation of prediction markets into their own hands, with New Mexico the latest to be served with legal papers.
Former top regulator Gary Gensler is weighing in on the new legal battle heating up over the regulation of sports-related prediction markets in the United States, and he is clearly opposed to federal oversight.
The Commodity Futures Trading Commission (CFTC) sued the state of New Mexico on Friday, adding another layer to the complex legal situation surrounding prediction markets.
With US regulators taking bold steps to shape the future of prediction markets, the Commodity Futures Trading Commission (CFTC) has unveiled a proposal to update the process by which certain event-based contracts are analyzed.
Michael Selig’s Commodity Futures Trading Commission (CFTC) officially published its proposed prediction markets rules on Wednesday after months of review and thousands of public comments.
Rep. Dina Titus wants U.S. Inspector General Christopher Skinner to put the Commodity Futures Trading Commission (CFTC) under the microscope regarding its regulatory position on prediction markets.
Illinois lawmakers have included taxes on sports prediction markets as part of the state’s latest budget.
Kalshi has filed a lawsuit against the State of Minnesota over a new law that would ban prediction markets from August 1, 2026.
The Commodity Futures Trading Commission (CFTC) is responding with a lawsuit to legal action levied against two prediction markets by Rhode Island’s attorney general.
US President Donald Trump has renewed support for federal oversight of prediction markets while the Commodity Futures Trading Commission (CFTC) pursues court action against several states.
A top US gambling industry chief has called on the Commodity Futures Trading Commission to stop defending prediction markets platforms and stick to regulating the financial markets.
To accelerate its planned entry into the prediction market field, Betr, the daily fantasy site co-owned by influencer Jake Paul, has acquired Ascent Capital Management Inc.
