Prediction Markets

Prediction Markets

Policy

Prediction markets get tailored U.S. guidance from former foe CFTC

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.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

Policy

Senate Democrats push prediction market limits, including banning bets on war, death

One Senate Democrat's bill would write the prohibition into federal law even as the CFTC shifts toward a more permissive stance on event contracts.

(Kevin Schmid/Unsplash)

Markets

Polymarket and Palantir team to protect integrity of sports betting as prediction markets face key moment

The new monitoring platform aims to detect suspicious trading as prediction markets face scrutiny over insider information.

Shayne Coplan, founder and CEO of Polymarket (CoinDesk/Jesse Hamilton)

Policy

CFTC chair highlights wide crypto agenda, including rules on DeFi, prediction markets

Commodity Futures Trading Commission chief Michael Selig updated his progress on guidance for DeFi developers, crypto derivatives and prediction markets.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

Finance

Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ

Kalshi, approved by the Commodity Futures Trading Commission, was last valued at $11 billion, while Polymarket was valued at $9 billion.

Kalshi website on a laptop.

Markets

Polymarket shelves nuclear detonation markets after outcry

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.

(Ilja Nedilko/Unsplash)

Markets

Nasdaq follows Cboe joining world of 'binary bets' as prediction market craze hits Wall Street

The exchange has filed a proposal with the SEC to list yes-or-no bets on the Nasdaq-100 amid continued demand for prediction markets.

Nasdaq sign on a building

CoinDesk News

Coinbase’s head of litigation says states are 'gaslighting' on prediction markets

Ryan VanGrack says states are misrepresenting federal law as they move to block prediction markets.

Ryan VanGrack

Videos

Coinbase litigation head challenges state "gaslighting" over prediction markets

Coinbase’s VP of Legal and Global Head of Litigation, Ryan VanGrack, joins Jennifer Sanasie and Renato Mariotti to discuss why the company is challenging state regulators to ensure a unified federal framework for prediction markets. He also shares why he believes bipartisan market structure legislation is still on the table despite recent setbacks.

CoinDesk