CFTC
White House reviews CFTC prediction-market rule as Trump backs federal control
The proposal could shape how Kalshi, Polymarket, and other event-contract platforms operate as states challenge the CFTC’s authority.
U.S. CFTC files request to erase Gemini settlement that it no longer considers fair
The regulator went back to analyze the 2022 case and decided that it wouldn't have been pursued under current management and practices.
Trump praises prediction markets, defends CFTC as court cases compound
U.S. President Donald Trump said it was "critically important" that the CFTC keep "exclusive authority" over prediction markets, echoing CFTC Chair Michael Selig.
SpaceX's $2T IPO reveals huge Bitcoin bet
SpaceX filed its S-1 with the SEC, revealing 18,712 bitcoin on its balance sheet and a target valuation of up to $2 trillion. If it hits the upper end, the listing would surpass Saudi Aramco as the largest IPO in history and push Elon Musk toward becoming the world's first trillionaire. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
U.S. CFTC in talks with every major pro sports league on policing prediction markets
Chairman Michael Selig says the agency has already taken several states to court to prove that sports contracts aren't just betting but that they're derivatives.
Senate sets markup date for market structure
The Senate Banking Committee has scheduled a May 14 markup for the Digital Asset Market Clarity Act, the bill's first serious shot at advancement after a January delay. The White House wants it passed by July 4, but the banking industry still has reservations. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
Gemini eyes prediction market challenge to Kalshi, Polymarket, secures derivatives license; shares surge
Tyler and Cameron Winklevoss' crypto exchange now holds licenses allowing it to expand into regulated derivatives and prediction markets, the fastest-growing sectors in crypto.
Robinhood's crypto revenue tanks 47%, gap filled by prediction markets
Robinhood missed earnings after crypto trading revenue fell 47% to $134 million in Q1. But event contracts surged 320% to $147 million as users traded a record 8.8 billion prediction market contracts. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Polymarket reportedly seeking CFTC approval to reopen main exchange to U.S. traders
If approved, the move would help Polymarket compete with Kalshi in the U.S., and bring more event-trading activity under CFTC regulatory oversight.
CFTC's AI will review U.S. crypto registration applications, chairman tells CoinDesk
The regulator is working on new technology to stretch abilities of reduced staff, says Chairman Mike Selig, including AI monitoring of trading data.
