Prediction Markets
Market structure bill delayed as crypto, banks meet lawmakers
Crypto and banking leaders are meeting with legislative staffers to hash out the future of U.S. stablecoins. The market structure bill is now delayed again and the fight over yield isn't the only hurdle as lawmakers finalize on DeFi regulations and concerns over President Trump's family crypto projects. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
JPMorgan & Goldman Sachs eye prediction markets
JPMorgan Chase CEO Jamie Dimon said the bank is considering entering prediction markets and Goldman Sachs has expressed similar ambitions. Would the Wall Street giants adopt blockchain-based systems or stick to traditional infrastructure? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
CFTC sues Illinois, Arizona, Connecticut over states' sports prediction market efforts
The CFTC argued in a lawsuit that the Commodity Exchange Act gave it "exclusive jurisdiction" over all swaps, which include prediction markets.
Jamie Dimon signals JPMorgan entry into prediction markets as competition surges
JPMorgan is weighing a move into prediction markets as crypto firms, startups and rivals like Goldman Sachs race to dominate the fast-growing sector.
Polymarket trader exploits UFC blunder, turns $676 into $67,000 in under a minute
The episode underscores how quickly prediction market prices can whipsaw on live-event errors.
Washington sues Kalshi as states ramp up legal pressure against prediction markets
The Washington state attorney general alleged Kalshi offers "gambling products" products dressed up as prediction markets in a lawsuit Friday.
Kalshi secures license to offer margin trading to institutional investors
Margin feature is a departure from traditional prediction markets, which typically require fully collateralized positions, and comes as the industry sees growing trading volumes and investment.
NYSE owner doubles down on Polymarket with fresh $600 million investment
The parent company of the New York Stock Exchange is cementing its bet on the future of prediction markets, bringing its total commitment to nearly $2 billion.
Retail traders fare worse on prediction markets than sportsbooks
A new report from Citizens JMP says median losses are deeper on prediction platforms as retail traders face sharper, better-capitalized counterparties
BitGo, Susquehanna Crypto offering institutional OTC access to prediction markets
New partnership lets hedge funds and other large investors trade event contracts using crypto collateral held on BitGo’s platform.
