CFTC issues warning over risky prediction market ‘mention’ contracts
WorldPing
The warning comes weeks after the CFTC fined a former White House teleprompter operator who made more than $107,000 trading prediction contracts tied to President Trump’s speeches.
This is a short WorldPing brief. The full report was published by Cointelegraph.
Bernstein now projects prediction markets will handle $10 trillion a year by 2035, up from its own $1 trillion by 2030 forecast made just five months ago.
Brief by WorldPing · Original reporting by Decrypt
Arch Lending’s Himanshu Sahay said on Cointelegraph’s Chain Reaction podcast that the lender plans to move into tokenized equities as onchain stocks gain traction as collateral.
Brief by WorldPing · Original reporting by Cointelegraph
White House and U.S. Treasury officials agree that despite some hope that Congress' "lame duck" session could see the bill again, the work's in regulators' hands.
Brief by WorldPing · Original reporting by CoinDesk