The US Commodity Futures Trading Commission received more than 1,500 responses to its prediction market rulemaking proposal. Respondents split sharply on how the agency should police these platforms. The comment period ended on May 4, 2026. CFTC prediction market rulemaking draws divided public feedback The CFTC proposed a rule in March 2026. It would allow […]
Washington D.C., May 2025: In a central 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 critical 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 achieved an historic 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 […]
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