Coinbase News & Prediction Market Coverage
Track the latest Coinbase news across prediction markets. PredictionNews is following 32 active Coinbase stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Polymarket lists Bitcoin five-minute direction market amid late-May price contract repricing
LegalNevada judge blocks Polymarket from offering event contracts in state
TradingKalshi courts hedge funds as Nasdaq and Cboe enter event contracts market
LegalCFTC approves first U.S. bitcoin perpetual futures for Kalshi and Coinbase
TradingKalshi donated $39,200 to Becerra's campaign while pricing him at 74% to win
LegalCFTC sues Minnesota and Gov. Walz to block nation's first state prediction market ban
GlobalSpain blocks Polymarket and Kalshi for unlicensed gambling operations
TradingStrategy's 411 BTC transfer to Coinbase Prime whipsaws Polymarket sale odds from 84% to 23%
LegalCFTC approves first bitcoin perpetual futures contract for Kalshi
TechCoinbase lists Kalshi French Open tennis markets in predictions vertical
StocksSeeking Alpha curates analyst picks for top prediction market stocks
LegalWisconsin sues Kalshi, Polymarket, Coinbase, and others over alleged illegal sports betting
LegalCFTC suspended officials who flagged concerns about Polymarket, Crypto.com and Gemini
OpinionTrump praises Kalshi and Polymarket, assails state regulators on Truth Social
DealsNHL signs CFTC integrity memo on hockey event contracts, joining MLB
LegalIndonesia blocks Polymarket after presidential early-exit markets trigger gambling ban
LegalKalshi, Coinbase, Robinhood, Crypto.com and Underdog form Coalition for Prediction Markets amid state lawsuits
LegalKalshi adds Trump ally Budowich to Coalition for Prediction Markets as second lobbying arm
DealsPolymarket partners with Nasdaq Private Market for pre-IPO prediction contracts
LegalCFTC fights states on prediction markets while pushing to relax event contract rules
DealsBetr buys NFA broker Ascent Capital Management to skip build and offer prediction markets this year
LegalFeds sue Wisconsin to block state prediction market ban
DealsKalshi and Polymarket defy Indian ban, ministry warning to keep onboarding users
LegalCFTC files amicus brief backing Kalshi against Ohio in prediction-market jurisdiction fight
LegalCFTC faces 1,541 prediction market comments as NBA, MLB, FanDuel, DraftKings weigh in
LegalCFTC talks sports leagues, SEC coordination as prediction market rulemaking drags on
TechCME Group-FanDuel event contract launch draws crypto rivals into prediction market race
StocksCoinbase prediction markets reach $100M annualized run rate two months post-launch
TradingKalshi traders price Q1 KPI targets for Airbnb, Coinbase, Lyft
LegalCoinbase CLO Grewal weighs in on NY prediction markets lawsuit in Melker interview
LegalCFTC sues Wisconsin to block state crackdown on prediction markets
LegalUS sues Wisconsin to block state lawsuits against Kalshi, Polymarket, four other prediction markets
Frequently Asked Questions
Where can I find the latest Coinbase news?
Right here. PredictionNews tracks 32 active Coinbase stories, each clustered from original reporting and summarized for prediction-market operators, traders, and regulators, and refreshed throughout the day.
Are prediction markets legal in the US?
Federally, yes. Platforms like Kalshi and Polymarket US operate as CFTC-regulated event-contract exchanges, which is why they're available even in states where sports betting is banned. Legality is contested at the state level, especially for sports contracts, the regulatory fight PredictionNews tracks daily.
Are prediction markets the same as gambling?
Legally, no. They're overseen by the CFTC as financial event contracts, not by state gambling regulators, and you trade "Yes"/"No" shares priced between $0 and $1 rather than betting against a bookmaker's odds. That distinction is at the heart of the current regulatory debate.
How do prediction markets work?
You buy shares in a "Yes" or "No" outcome priced between $0 and $1. The price reflects the market's implied probability of the event. Correct predictions settle at $1 per share, incorrect ones at $0. They function like an exchange, not a sportsbook.