Related Links
9Industry Filings: Derivatives Clearing Organizations (DCO) Filing
The URL leads to the Commodity Futures Trading Commission (CFTC) website section for Derivatives Clearing Organizations (DCO) filings. This section provides access to industry filings related to DCOs under the CFTC's oversight.
Coalition Launches to Protect Americans From Unregulated Sports Betting via Prediction Markets
A coalition called "Gambling is Not Investing," led by former Congressman Mick Mulvaney, has launched to advocate for consistent consumer protections and regulatory accountability in prediction markets. The coalition seeks to enforce existing state and tribal gaming laws for prediction markets that facilitate illicit sports betting through event contracts.
Prediction Markets at a Crossroads: The Continued Jurisdictional Battle Over Event Contracts
The Commodity Futures Trading Commission (CFTC) is asserting its exclusive jurisdiction over prediction markets in the face of challenges from state gambling laws, as seen in split court rulings in Nevada and Massachusetts. This jurisdictional battle impacts the legality and regulation of event contracts offered by prediction markets like Kalshi.
The CEOs of Kalshi and Polymarket Are Betting On the Most Hated Experiment in Business
The *Vanity Fair* article analyzes the prediction market platforms Kalshi and Polymarket, highlighting their increasing influence and the potential for users to both gain and lose significant amounts of money by wagering on various events from politics to weather. Despite regulatory scrutiny and controversy, prediction markets are becoming increasingly powerful and difficult to stop.
Stripe's stablecoin firm Bridge wins initial approval to form national bank trust charter
Stripe's stablecoin venture, Bridge, has received initial approval for a national bank trust charter. This license would allow Bridge to issue and manage stablecoins under direct federal oversight, marking a significant step in the evolving landscape of digital finance and regulatory compliance.
As Crypto Scams Mount, the CFTC Now Has No Enforcement Lawyers in Its Flagship Office
The Commodity Futures Trading Commission's (CFTC) Chicago office, which regulates commodities and prediction markets, has lost all of its approximately 20 trial lawyers. The office is responsible for policing crypto fraud, and the lack of lawyers hinders the agency's ability to pursue enforcement actions.
CFTC OIG Management and Performance Challenges FY 2025
The Commodity Futures Trading Commission's Inspector General (CFTC OIG) identifies key management and performance challenges facing the agency in fiscal year 2025. These challenges cover areas such as technology, cybersecurity, data management, human capital, and oversight of derivatives markets.
In 2024, prediction markets called the presidential election before the polls could. Now, they’re mostly betting on sports.
Prediction markets, which accurately forecasted the 2024 presidential election, are experiencing growth with a shift towards sports betting. The article highlights the growth and potential of prediction markets.
CFTC Withdraws Event Contracts Rule Proposal and Staff Sports Event Contracts Advisory
The Commodity Futures Trading Commission (CFTC) announced the withdrawal of its proposed "Event Contracts" rule, initially published on June 10, 2024. The CFTC also withdrew the Staff Sports Event Contracts Advisory.