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fromReadWrite
1 month ago
US politics

CFTC makes things clearer for prediction markets, as it withdraws event contracts ban

fromReadWrite
2 months ago
US politics

CFTC chairman moves to clarify prediction markets position

CFTC will create clear regulatory standards supporting lawful prediction-market innovation, withdraws 2024 rule banning political and sports event contracts, and asserts exclusive federal jurisdiction.
fromBusiness Insider
2 months ago
Law

The only federal regulator that oversees prediction markets says it will ease up on Kalshi and others

CFTC Chair Michael Selig will rescind warnings to prediction-market operators and pursue new rulemaking while opposing state regulators over event contracts.
Intellectual property law
fromReadWrite
1 hour ago

CFTC lawsuit targets states over prediction markets ban

Federal regulators are suing Arizona, Illinois, and Connecticut to assert authority over event contracts against state regulations labeling them as unlicensed gambling.
fromReadWrite
1 month ago
US politics

CFTC makes things clearer for prediction markets, as it withdraws event contracts ban

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fromReadWrite
1 month ago

Nevada regulator sues Coinbase over alleged unlicensed wagering

offers products referred to as event contracts for sale on its mobile app, which are made available to people in Nevada. The Board considers offering sports event contracts, or certain other event contracts, to constitute wagering activity under NRS 463.0193 and 463.01962 and, therefore, entities offering such event contracts must be licensed.
US politics
Austin
fromAustin Monitor
6 months ago

'Party' at city hall shorted Council-required payouts to musicians - Austin Monitor

City-contracted festival organizers and staff misapplied a 2023 $200-per-musician minimum, causing local performers to be paid less than required.
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