Industry
November 26, 2025
Polymarket Readies for US Launch after CFTC Nod
Polymarket is preparing to take off in the United States after a prolonged absence that may end soon enough, perhaps imminently. The company received a go-ahead from the Commodity and Futures Trading Commission (CFTC) on Tuesday and is expected to announce plans for its return before long. The licensing comes at a time of increased […]
Industry
November 25, 2025
CFTC Signals Support for Prediction Markets as State Pushback Intensifies
As the debate over prediction markets in the United States intensifies, the Commodity Futures Trading Commission (CFTC) finds itself under increasing pressure to issue a definitive statement on the sector’s legal boundaries. While state regulators are taking an increasingly harsher stance against event-based contracts, the CFTS recently endorsed the tokenized financial infrastructure that underpins modern […]
Industry
November 11, 2025
ProphetX Files for DCM, DCO Status in the US
ProphetX, a user-driven sports prediction market, announced that it has submitted Commodity Futures Trading Commission (CFTC) applications to be registered as a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO). ProphetX Is in the Perfect Spot to Create a Vertically Integrated Marketplace In its official announcement, ProphetX announced that, if approved, it will […]
Business
November 4, 2025
Crypto.com & Hollywood.com Team Up for Entertainment-Themed Prediction Markets
Entertainment website Hollywood.com unveiled a new partnership agreement with leading crypto asset service provider Crypto.com. The two parties will join forces to penetrate the fast-growing prediction markets sector with a new product. A New Way to Engage with Entertainment Despite some regulatory pushback, prediction markets continue to take the USA by storm, cementing themselves as […]
Sports
October 22, 2025
DraftKings Moves into Prediction Markets by Buying Railbird
DraftKings has bought Railbird Technologies Inc. and its subsidiary Railbird Exchange, taking a big step into the regulated prediction market world. DraftKings Uses Railbird’s CFTC License to Create Event-Trading App The Boston-based gaming company shared the news on Tuesday, highlighting that Railbird’s tech and federal licenses will be the foundation for its new product, DraftKings […]
Industry
October 1, 2025
White House Decides Against Naming Brian Quintenz CFTC Lead
The White House has changed its mind about appointing ex-Kalshi member and crypto ally Brian Quintenz as the next Commodity Futures Trading Commission (CFTC) lead. This decision was first reported by Politico and confirmed by the White House soon after. Quintenz Was Honored by the Nomination For a while, Quintenz stood out as the […]
Sports
September 30, 2025
Senators Push Back Against CFTC Over Prediction Market Expansion
Congress sees a bipartisan push to question the Commodity Futures Trading Commission’s (CFTC) approach to the growth of prediction markets offering sports-related contracts. Draft Letter Slams CFTC for Giving Green Light to Nationwide Sports Wagering Products Democrat Catherine Cortez Masto from Nevada and Republican John Curtis from Utah are getting signatures for a draft letter. […]
Sports
September 22, 2025
Lawyer with Trump Ties Aims to Create National Sports Betting Exchange
Well-known gaming lawyer Jeff Ifrah plans to start a new platform to bring sports betting markets into the mainstream of US financial trading. His company RSBIX, has asked the Commodity Futures Trading Commission (CFTC) to name it a Designated Contract Market (DCM). This status would allow the company to list and approve contracts across the […]
Industry
September 19, 2025
White House Discussing New CFTC Candidates, Report Says
According to a Bloomberg report, the White House is exploring alternative candidates to lead the Commodity Futures Trading Commission (CFTC) as Brian Quintenz’s confirmation remains stalled. White House Weighs Alternatives for CFTC Head The report states that the Trump administration has been actively engaged in discussions on the matter in recent weeks. It also notes […]
Industry
September 9, 2025
PredictIt Gains CFTC Approval to Run Regulated Exchange
The Commodity Futures Trading Commission approved PredictIt to act as a regulated derivatives exchange and clearinghouse. This step ends years of regulatory challenges and shifts the platform into a new phase. PredictIt Earns Dual Licenses, Opening Doors to Grow Political Markets PredictIt known for letting users trade contracts tied to political results, will work within […]