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🇺🇸 CFTC is aggressively defending prediction markets against state-level bans, reinforcing federal oversight of platforms like Polymarket and Kalshi.
🔹 Minnesota’s new law would criminalize prediction markets starting August 1
🔹 CFTC argues these contracts fall under federal derivatives regulation
🔹 Polymarket’s partnership with Nasdaq Private Market expands prediction markets into private-company valuations and IPO forecasts
As regulatory clarity improves, prediction markets could become one of the fastest-growing sectors connecting traditional finance and blockchain infrastructure.
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#CFTCDefendsPredMarkets
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