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Kalshi adds required employment verification for some prediction market bets
The CFTC is considering its first regulation for prediction markets, as arrests over "insider trading" on everything from military operations to Google Search data continue to stack up. As CoinDesk reports, a notice of proposed rulemaking says "the proposal would establish a structured framework for evaluating whether such contracts involve an activity enumerated in Section 5c(c)(5)(C) of the Commodity Exchange Act -activity that involves terrorism, assassination, war, gaming, or conduct...
Regulators' proposed prediction markets rules ban trading on terrorism, assassinations
Federal regulators came out with their first proposed rules on how to oversee prediction markets on Wednesday. The Commodity Futures Trading Commission, which has taken the lead as the federal regulator over the markets, will seek to develop a framework to determine if contracts are contrary to the public interest and illegal. Those questions surround contracts that relate to terrorism, assassinations, war, gaming or illegal conduct under state and or federal law, based on the Commodity...
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The back-channel bid to go soft on Maduro
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China is helping to cushion global oil prices below $100 — but analysts warn it won’t last
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‘Unpatriotic’: Trump decries Republicans who voted to constrain Iran war
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