The US CFTC establishes new prediction market regulations for event contracts and financial innovation.
Ethereum News

CFTC Prediction Market Regulations: The Crucial Move to Formalize a Multi-Billion-Dollar Industry

Washington D.C., May 2025: In a pivotal development for financial markets, the U.S. Commodity Futures Trading Commission (CFTC) has initiated a formal process to establish a comprehensive regulatory framework for prediction markets. This crucial move, first reported by Bloomberg, aims to bring clarity and oversight to a rapidly growing, multi-billion-dollar industry that allows participants to […]

Global prediction markets achieve record $700 million daily trading volume milestone
Bitcoin News

Prediction Markets Shatter Records with Staggering $700M Daily Volume Milestone

Global prediction markets achieved an unprecedented milestone on January 12, 2025, when daily trading volume surged past $700 million for the first time in history. This remarkable figure represents a watershed moment for event contract trading platforms worldwide. According to comprehensive data from Wu Blockchain, the record-breaking activity demonstrates accelerating mainstream adoption of prediction markets […]