The CFTC opened a 45-day comment period on prediction market regulation and reinforced exchanges’ role in policing event contracts The Commodity Futures Trading Commission (CFTC) on Thursday took its most significant step yet toward …
Sports
- DeFi Market
Former Trump Chief Of Staff Targets Sports Prediction Markets With New Advocacy Coalition
by adminby adminGroup ‘Gambling Is Not Investing’ argues sports contracts bypass state gambling frameworks as CFTC defends federal derivatives authority A newly formed advocacy coalition led by Mick Mulvaney, who served as President Donald Trump’s White …
The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of the most popular event contracts today. The recently confirmed CFTC chair, …
ProphetX, a sports prediction platform currently operating under a sweepstakes model, has filed applications with the U.S. Commodity Futures Trading Commission (CFTC) to register as both a Designated Contract Market (DCM) and a Derivatives …
- Press Release
MultiBank Group and Khabib Nurmagomedov Launch an Exclusive Worldwide Multi-Billion-Dollar Joint Venture to Build the World’s First Regulated Tokenized Sports Ecosystem.
by adminby adminDubai, U.A.E, October 25th, 2025, Chainwire MultiBank Group, the world’s largest financial derivatives institution, has entered into an exclusive worldwide multi-billion-dollar joint venture with global sports icon and undefeated UFC champion Khabib Nurmagomedov (29-0) …
How Prediction Markets Are Revolutionizing Sports Fan Engagement and Analytics
Prediction Markets Transforming Sports and Fan Interaction Prediction markets, once confined to political forecasting, are now entering the sports world in a major way. NBA star Tristan Thompson is among the most vocal advocates …
CME Group, one of the world’s largest derivatives exchanges, is preparing to enter one of the most dynamic frontiers in finance and gambling: event-based prediction markets. According to Bloomberg, the Chicago exchange plans to …