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CFTC eyeing Polymarket, betting platforms amid elections, says chair

[Sep 18 5:49 AM] If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam.

‘Explosion’ in election gambling will harm public interest: CFTC

[Sep 16 3:14 AM] The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”

Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet 

[Aug 22 3:10 PM] On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19 a.m. EDT on Thursday, Trump held a 53% chance of victory…

Trump’s Election Odds Continue to Surge Post-Assassination Attempt: Polymarket Bets Hit 71%

[Jul 15 11:10 AM] Immediately following the assassination attempt on former President Donald Trump, prediction market odds on Polymarket saw Trump’s chances of winning the election rise to 68%. Days after the event, Trump’s odds have continued to rise with the…

Biden’s reelection odds brush single digits on Polymarket

[Jul 4 10:50 PM] Former U.S. President Donald Trump is still in the lead at odds at 61%, while U.S. Vice President and Democrat Kamala Harris is second with 19% odds.

39% Chance of Dropping Out — Joe Biden’s Debate Stumbles Fuel Prediction Market Betting

[Jun 28 5:39 AM] Following the initial 2024 U.S. Presidential Debate, prediction market wagers on whether incumbent Joe Biden will withdraw have seen a significant increase in activity. The likelihood of Biden stepping down and being substituted has risen notably…

PolitiFi memecoins tank amid Trump vs Biden presidential debate

[Jun 27 11:08 PM] The Jeo Boden memecoin was hardest hit, falling over 53% from its 24-hour high during presidential debate night.

U.S. CFTC Proposes Ban on Political Event Contracts

[May 10 10:11 AM] The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the…

U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets

[Mar 12 8:26 AM] U.S. Commodity Futures Trading Commission Chair Rostin Behnam said his agency will propose a rule in the coming months to establish new regulations for prediction markets.

CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress

[Jun 16, 2023 4:57 PM] The Commodity Futures Trading Commission will decide on June 26 whether to start a formal 90-day review of prediction market provider KalshiEX’s contract that allows users to bet on which party takes control of the U.S. Congress.