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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 […]
Sports
September 5, 2025
Outgoing Commissioner Johnson, “Deeply Disappointed” by Prediction Markets
Kristin N. Johnson, who is stepping down from her role as Commissioner at the Commodity Futures Trading Commission (CFTC) after completing her full term, used her final public remarks to issue a stark warning about the rise of prediction markets. “We Have Too Few Guardrails” Speaking Wednesday at the Brookings Institution, Johnson explained that she […]
Sports
August 19, 2025
Kalshi Expands Offerings Before Football Season Kicks Off
Kalshi, a prediction exchange with federal oversight, is broadening its range of products just as the football season is about to begin. The New York-based company made an announcement on Monday that it has approved a new set of sports contracts. These include point spreads, over/unders, and touchdown props, options that people link to regular […]
Industry
August 5, 2025
Rep. Titus Urges CFTC Probe Into Trump Nominee Quintenz Over Kalshi Ties
US Representative Dina Titus has called on the Commodity Futures Trading Commission (CFTC) to investigate nomenee Brian Quintenz due to his connections with Kalshi. Quintenz, who is supposed to replace the current CFTC Chair Caroline Pham, is President Donald Trump’s nominee to lead the agency. Rep. Titus Asks CFCT to Show Quintenz Communications Titus requested […]
Sports
July 31, 2025
Emails Spark Delay in CFTC Nominee Quintenz’s Vote
A batch of internal emails tied to Brian Quintenz, President Donald Trump’s nominee to lead the Commodity Futures Trading Commission (CFTC), is drawing fresh scrutiny in Washington just as his confirmation process hits repeated delays. Private Briefing Request The messages, first made public by the Substack newsletter The Closing Line, include communication between Kevin Webb, […]
Industry
July 22, 2025
Brian Quintenz’s Ascension to CFTC Chair Hits Unexpected Delay
Brian Quintenz’s nomination as the head of the Commodity Futures Trading Commission (CFTC) has been abruptly delayed, after a scheduled vote by the Senate Agriculture Committee got postponed at the last minute on Monday. Quintenz is the clear favorite to take the reins during a tumultuous period as prediction markets like Kalshi face rising pushback […]