CFTC News & Prediction Market Coverage
Track the latest CFTC news across prediction markets. Prediction News is following 240 active CFTC stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Underdog Sports launches prediction market on CFTC-regulated exchange
StocksRobinhood routes World Cup event contracts to CFTC-licensed Rothera
LegalArizona governor and secretary of state ban state workers from prediction market insider trading
DealsUnderdog launches UDX exchange with self-certified sports contracts
OpinionPrediction market volumes climb as insider trading, tax, and regulatory risks mount
LegalKalshi loses New York preemption fight, appeals to Second Circuit as Washington opens
TradingWorld Cup drives billions in bets across Kalshi and Polymarket
LegalNew Mexico asks court to toss CFTC suit as Kalshi unwinds Michigan trades
LegalIRS silent on prediction market tax treatment as trader uncertainty grows
LegalWhite House suspends teleprompter operator over Kalshi insider-trading probe
DealsPascal raises $9 million to challenge Polymarket and Kalshi with futures-style prediction markets
TradingKalshi and AppliedXL launch CFTC-regulated biotech prediction markets
LegalCFTC stays Kalshi rule change and orders fulfillment of pending trades
TradingKalshi launches GPU compute forward curves for AI infrastructure pricing
LegalGottheimer introduces bill requiring facial ID for online sportsbooks
TechGiottoO publishes research on probability mechanics for CFTC-regulated event markets
LegalState attorneys general expect Supreme Court to rule on sports prediction markets by 2027
LegalConnecticut judge limits Kalshi's use of CFTC league deals as evidence
LegalBipartisan Senate bill would ban sports event contracts on CFTC-regulated prediction markets
LegalOne-member CFTC speeds rulemaking as SEC eyes prediction market role
LegalSEC and CFTC jointly request comment on event contract definitions
DealsDraftKings launches in-house DKeX exchange, ending Crypto.com and CME partnerships
TradingKalshi self-certifies CFTC flight cancellation contract
LegalESMA warns EU retail binary options ban already covers prediction market event contracts
DealstZERO introducing broker wins CFTC registration and NFA membership
LegalCFTC orders Kalshi to honor Michigan trades despite state court block
TechKalshi launches Pro desktop terminal for multi-market trading and perpetual futures
LegalCalifornia tribes ask Ninth Circuit to block Kalshi sports contracts on tribal land
LegalCFTC sues Minnesota to block nation's first felony prediction market ban
DealsXOVR ETF invests $30 million in regulated prediction market Kalshi
LegalBloomberg Tax segment probes Kalshi and Polymarket legal status as gambling or finance
LegalJudge Torres denies Kalshi New York injunction, company appeals to Second Circuit
OpinionCFTC's Selig defends prediction markets on Glenn Beck amid Clarity Act push
LegalPolymarket files for CFTC approval to offer US margin trading
TradingPolymarket files three NFA applications for U.S. margin trading
TradingCryptoStruct adds Kalshi access as both platforms list NYC mayor contracts
LegalProphetX urges CFTC to close regulatory gap on event contract access
LegalNorth Carolina taxes prediction market fees at 6% while deferring to CFTC oversight
LegalPolymarket launches trust campaign and MLB partnership to re-enter US market
LegalKalshi seeks regulatory nod to expand perpetual futures beyond crypto
LegalFailed CFTC chair nominee Quintenz joins prediction market group CPM
LegalSEC opens comment period on prediction-market and crypto ETFs
TradingKalshi and Polymarket June volume surges 75% to $45 billion on World Cup betting
DealsProspect Markets signs LOI with Crypto.com-backed OG Broker for U.S. sports prediction markets
LegalSouth Korea regulator opens hearing on Polymarket gambling concerns
LegalMassachusetts judge lets attorney general expand gaming suit against Kalshi
OpinionKalshi and CFTC sue Illinois to block prediction market tax as state delays enforcement
TechPolymarket confirms $3 million loss from frontend supply-chain attack
TradingRobinhood Derivatives sources tennis event contract probabilities from KalshiEx and ForecastEx
LegalNovig wins CFTC approval to operate Ludlow Exchange as designated contract market
Frequently Asked Questions
What is the CFTC's role in regulating prediction markets?
The CFTC approves and oversees platforms as designated contract markets (DCMs) for event contracts, recently granting approvals to Novig and ProphetX for sports markets.
Does the CFTC have exclusive jurisdiction over prediction markets?
The CFTC asserts exclusive jurisdiction under the Commodity Exchange Act and has sued states like Minnesota to block interference with CFTC-regulated event contracts.
What event contracts does the CFTC permit or prohibit?
A June 2026 proposed framework permits sports-related contracts but explicitly prohibits those involving gaming, war, terrorism, assassination, or unlawful activity.
How does the CFTC approve prediction market platforms?
Platforms must obtain DCM and sometimes DCO designations; Novig and ProphetX received these approvals in June 2026 for sports event contracts.
Is Kalshi regulated by the CFTC?
Kalshi operates as a CFTC-regulated DCM and has added compliance partners like Solidus Labs amid state and tribal challenges to federal oversight.
What is a designated contract market under the CFTC?
A DCM is a CFTC-registered exchange authorized to list and trade event contracts, allowing nationwide operation and preempting some state restrictions.