The CFTC has scrapped a 2024 proposal to ban political prediction market contracts just as states double down on oversight.

The agency called the 2024 rule a “frolic into merit regulation” and said it will pursue new rulemaking grounded in the ...

The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports ...

It appears the CFTC is aiming to make the prediction market regulatory world clearer, as it has withdrawn a draft rule.

Trump repeated his false claims that the 2020 election was “rigged” against him during his remarks at the National Prayer ...

The CFTC dropped a Biden-era proposal that would have banned sports and political prediction markets.

New “prediction market” platforms like Kalshi and Polymarket are allowing anyone across America to wager on the Super Bowl ...

As betting spreads from sports to elections, prediction markets raise new risks for democracy and public trust ...

Races for Republican seats once considered as safe have tightened, potentially putting GOP strongholds in play.

CFTC Chair Mike Selig said on Wednesday that the agency would not move forward with the proposed rule, which had classified event contracts tied to sports, ...

Initiative highlights rapid evolution of events betting from quaint origins offering wagers on Oscars and elections ...

The statement by the three cardinals is, in effect, a clear declaration that the Catholic Church in America is now taking a road not travelled by Donald Trump. It is not before time that the Catholic ...