CNBC World

Regulators and banks step up scrutiny of prediction markets

The CFTC is reviewing prediction betting platforms' so-called mention markets, people familiar with the matter confirmed to CNBC.

This is a short WorldPing brief. The full report was published by CNBC World.

Read the full report at CNBC World

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Kalshi Pulls All Sports Mention Markets as CFTC Opens ReviewWorldPing
Bitcoin.com

Kalshi Pulls All Sports Mention Markets as CFTC Opens Review

Kalshi has removed all sports-mention markets (contracts on whether a broadcaster says a particular word), as the Commodity Futures Trading Commission reviews whether the category invites manipulation, NPR reported based on anonymous sources.

Brief by WorldPing · Original reporting by Bitcoin.com