The CFTC is considering its first regulation for prediction markets, as arrests over "insider trading" on everything from military operations to Google Search data continue to stack up. As CoinDesk reports, a notice of proposed rulemaking says "the proposal would establish a structured framework for...
The CFTC is considering its first regulation for prediction markets, as arrests over "insider trading" on everything from military operations to Google Search data continue to stack up. As CoinDesk reports, a notice of proposed rulemaking says "the proposal would establish a structured framework for evaluating whether such contracts involve an activity enumerated in Section 5c(c)(5)(C) of the Commodity Exchange Act -activity that involves terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law-and, if so, whether that contract is contrary to the public interest."
Separately, Kalshi announced on Wednesda …
This story was first published by The Verge. Read the original report
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