Prediction Markets Are Testing Legal Limits in Strict Asian Markets
Prediction markets are pushing into Asia’s largest economies, even as local gambling laws place strict limits on betting activities.Asia represents ...
Tag: Prediction
Paradigm Builds Trading Terminal as Prediction Markets Go Institutional
A new Paradigm trading terminal, JPMorgan's public interest, and a string of institutional moves signal that prediction markets are maturing ...
Texas Lt. Gov. Lists Crypto, Prediction Markets in Charges to Senate
The #2 Texas state official called on lawmakers to study “the sudden inundation of prediction market gambling“ as other jurisdictions ...
California Governor Newsom Signs Prediction Market Insider Trading Order
California Governor Gavin Newsom signed an executive order on Friday, expanding rules to curb public servants and those close to ...
Lawmaker Bars Staff From Prediction Markets as New Bills Target Insider Trading
Rep. Moulton is first member of Congress to impose office-level prediction market restrictions, while the PREDICT Act becomes the latest ...
The Hidden Tax Inside Your Prediction Market App: March Madness Odds Compared
We compared pricing across six prediction market apps and two sportsbooks for five NCAA tournament games. House take ranged from ...
Kalshi Rockets From $2B to $22B Valuation in 9 Months Amid Prediction Market Boom
Kalshi has reportedly raised more than $1 billion at a $22 billion valuation in a round led by led by ...
Phantom No-Action Letter Could Unlock New Crypto Access Layer for Prediction Markets
The CFTC’s no-action letter for Phantom signals a more flexible approach to crypto interfaces, a former agency lawyer tells DeFi ...
US Lawmakers Propose Legislation To Ban Betting on War and Death on Prediction Markets
US lawmakers are moving to prohibit prediction markets from offering contracts tied to war, assassination, terrorism or someone’s death. Senator ...
CFTC Launches Prediction Market Rulemaking, Issues Guidance Sports Contracts
The CFTC opened a 45-day comment period on prediction market regulation and reinforced exchanges’ role in policing event contractsThe Commodity ...