#cftc-oversight
#cftc-oversight

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MLB reaches agreements with Polymarket, federal commission

MLB partners with Polymarket and the CFTC to establish federal oversight of prediction markets, aiming to protect the sport's integrity through standardized guardrails rather than fragmented state regulations.

fromReadWrite

1 month ago

Alabama class action lawsuit targets Kalshi markets

In this case, traditional sports betting is not permitted under state law. Platforms such as Kalshi and Polymarket operate by offering event-based contracts that are classified as trading activity rather than sports wagering. Because these products fall under federal commodities regulation, they are overseen by the CFTC instead of state gambling authorities, even though their structure and terminology may resemble aspects of betting.

US politics

#clarity-act

fromCointelegraph

1 month ago