Why you need to take a closer look at your favorite stock index
Also in Weekend Reads: A positive case for the bond market, how prediction markets can pull you in, and a warning to those who benefit from GLP1s.…
Blockchain.com pursues CFTC approval for prediction markets: CNBC
The crypto company has reportedly applied for two licenses with the US commodities regulatory as the courts weigh prediction markets cases. Source：Cointelegraph
NFL backs New Jersey authorities in SCOTUS petition over Kalshi
According to the league, Kalshi and other prediction markets “threaten game integrity” because many event contracts are “highly susceptible to manipulation.”…
NFL joins pushback against prediction markets as U.S. Supreme Court asked to act
In opposition to federal oversight of the prediction markets, the National Football League has sided with states, Gary Gensler and one of the authors of the…
Prediction markets are coming for pop culture
What to know before buying event contracts around your favorite reality shows and entertainers. Source：MarketWatch
Polymarket overhauls smart contracts with new Protocol V2 rollout
Polymarket begins its Protocol V2 rollout ahead of a planned November transition for new prediction markets, while existing positions remain on the current…
CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.…
U.S. CFTC seeks event contract definitions that may defy states' gambling claims
As it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review. Source：CoinDesk
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
A Sixth Circuit Court of Appeals panel ruled that prediction markets' sportsrelated events contracts are not swaps, and therefore aren't subject to federal…
New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an…
CFTC expands regulatory relief for passive trading software providers
The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without…
Clarity Act's odds of passing plunge as Republicans reject Democrats' counter-proposal
Prediction markets sharply marked down the crypto market structure bill’s nearterm prospects as negotiations remained stuck hours before a key Senate vote.…