5 articles tagged with "prediction markets"
Charles Schwab is set to introduce a new prediction market that will allow users to place yes-or-no bets on the S&P 500's performance, according to reports.
A Republican lawmaker has introduced a bill to prohibit insider trading in prediction markets by lawmakers, while notably excluding White House officials from this restriction.
The state of Kentucky has initiated lawsuits against Kalshi and Polymarket, alleging they are operating unlicensed sports gambling services.
Industry groups are lobbying Congress to pass the CLARITY Act, which would clarify the Commodity Futures Trading Commission's authority over prediction markets in sports betting.
The CFTC has filed a lawsuit against New Mexico, marking the eighth state to face such legal challenges regarding prediction market jurisdiction.