Prediction Market News
Schwab Bets Big on Prediction Markets – But Keeps It Strictly Wall Street
Charles Schwab partners with Cboe to launch S&P 500 prediction market contracts, its first foray into the space—focused strictly on financ...
Gaming Industry Unites Against Prediction Market “Gambling Loophole”
A coalition of more than 50 gaming groups, tribes and unions is urging the Senate to amend the CLARITY Act to bar sports and casino-style co...
CFTC Signals Green Light for Sports and Election Prediction Markets in Landmark Rule Proposal
The CFTC proposed its first prediction-market rules, broadly permitting sports contracts on final scores and season outcomes while clarifyin...
Spain and Indonesia Move to Block Polymarket as Global Pressure Mounts on Prediction Markets
Spanish regulators blocked Polymarket and Kalshi over alleged unlicensed operations, while Indonesia expanded enforcement by tracing linked ...
CFTC Officials Who Questioned Crypto Firms Were Suspended, NYT Reports
Internal tensions at the CFTC reportedly escalated as staff objections to crypto-linked prediction market firms were overridden by senior le...
Bernstein Says Prediction Markets Are Becoming Institutional-Grade Hedge Tools
A Kalshi block trade tied to California carbon pricing marks early institutional activity, while retail traders still dominate overall volum...
Hyperliquid Unveils Outcome Token Fees as Prediction Market Push Heats Up
Hyperliquid published testnet outcome-token fee rules with no charge to open trades, positioning HIP-4 for prediction markets after the sect...
Brazil Cracks Down on Prediction Markets, Bans 27 Platforms Including Kalshi and Polymarket
New rules in Brazil restrict derivatives to economic indicators, banning contracts tied to real-world events like sports or politics. ...
Charles Schwab Weighs Prediction Markets as Trading Boom Draws Wall Street Interest
Charles Schwab is weighing prediction markets tied to financial events, as record trading activity and fast-growing event platforms pull Wal...
Polymarket Briefly Appears in Google News Before Sudden Removal
Polymarket briefly surfaced in Google News alongside Reuters and The Guardian before Google reversed what it called an error. ...
Court Sides With Kalshi, Deals Blow to State Control Over Sports Prediction Markets
A Third Circuit appeals court ruled 2-1 that New Jersey cannot block Kalshi's sports prediction markets, finding CFTC's federal authority un...
CFTC Takes Three States to Federal Court Over Prediction Market Control
CFTC and DOJ jointly sued three states on April 2 over cease-and-desist orders against Kalshi, Polymarket, and Robinhood, claiming exclusive...