Prediction markets see a divided government after midterm elections. Here’s how you should trade, Citi says.
The odds on Polymarket of a sweep by the Democratic Party in November have risen to 48%, and Citigroup sees a potential rally in bonds. Source：MarketWatch
Kalshi ordered to stop broad range of prediction markets in Washington
Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multisource geofencing system by Sept. 2. Source：Cointelegraph
Trump expected to attend White House meeting with crypto CEOs, sources say
Those involved in a meeting of CEOs from the worlds of crypto, prediction markets and AI anticipate President Donald Trump will take part in next week's…
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform…
CFTC to join SEC in exploring crypto regulations without CLARITY bill
The CFTC will hold a meeting for its Innovation Advisory Committee on Aug. 20 to address regulation related to crypto assets, artificial intelligence and…
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.…
NYC council announces probe into ‘predatory marketing practices’ on prediction markets
Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing…
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sportsrelated prediction markets. Source：CoinDesk
Judge stays CFTC’s case against US solider over prediction market bets
A New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more than $400,000 on…
Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibilliondollar CRO treasury and reportedly not integrate prediction markets…
Polymarket targets $20 billion valuation as competition heats up in prediction market sector
The blockchainbased prediction markets platform is reportedly returning to investors months after a $15 billion funding round. Source：CoinDesk
World Cup generated $20B in blockchain prediction market volume: Chainalysis
The blockchain analytics firm said the World Cup attracted global participation in prediction markets and digital collectibles, with more than 400,000 wallets…