Polymarket shares are priced on the probability of the outcome. If Trump's chances of winning the election are trading at 60 ...
The Commodity Futures Trading Commission opposes the offer of bets on political races offered in contracts by Kalshi and ...
Cryptocurrency is a digital asset that appeals to many investors because it operates on the blockchain, which is a ...
A sudden $30 million surge in election bets on a Trump win leads some observers to suspect an attempt to manipulate the election.
Digital finance is progressively showcasing prominence that catches the eye of institutional investors and traditional users.
In an Oct. 16 filing to a Washington, DC, appeals court, the CFTC said a federal court ignored the “plain meaning” of terms under the Commodity Exchange Act (CEA) and prevented the regulator ...
The regulator filed its opening brief in its appeals case to tamp down on political event contracts. Sign up for State of ...
Four accounts on crypto-based prediction market Polymarket that placed large bets on former President Donald Trump winning ...
The Commodity Futures Trading Commission (CFTC)—that toy poodle of a government watchdog overseeing the world’s largest ...
Political pundits and social media users have questioned whether specific high-profile Americans could be behind the moves.