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cftc

CFTC's Battle Against Prediction Marketplace Raises Questions on Regulation and Election Integrity

* The US Commodity Futures Trading Commission (CFTC) is fighting to stop prediction marketplace Kalshi from offering election betting contracts. - * The CFTC argues that prediction markets can be manipulated, citing incidents on competitor platforms. * Kalshi won its initial case against the CFTC, but the agency has filed an appeal and

cftc

CFTC Urgently Moves to Block US Prediction Market's Election Betting Contracts

* The US regulator, the Commodity Futures Trading Commission (CFTC), has urgently filed an emergency motion to block Kalshi, a US prediction market, from offering election betting contracts. * The CFTC argues that without the court's reasoning, it is unable to make an informed decision on whether to appeal. * Kalshi

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White House to Nominate Kristin Johnson as Assistant Secretary for Financial Institutions

The White House plans to nominate Kristin Johnson, a Democratic Commissioner at the Commodity Futures Trading Commission (CFTC), for the role of Assistant Secretary for Financial Institutions at the U.S. Treasury Department. Johnson received support from Maxine Waters, the Ranking Democrat of the House Financial Services Committee, and her