CFTC

Latest news and articles about CFTC from NEX English

White House Reviews CFTC Proposal to Regulate Prediction Markets

The White House is currently reviewing a new proposal from the U.S. Commodity Futures Trading Commission (CFTC) aimed at establishing clear guidelines for event contracts. This move comes amid increasing competition between the federal government and states over who has the authority to regulate the growing prediction markets.

CFTC seeks to overturn ruling against Gemini cryptocurrency platform

The U.S. Commodity Futures Trading Commission (CFTC) is pursuing the reversal of a previous ruling against the Gemini cryptocurrency platform, raising questions about the motivations behind this decision. This move follows a $5 million fine imposed on the platform.

Polymarket Takes Steps to Relaunch Its Platform in the U.S.

Polymarket is working to relaunch its main platform in the United States, a move that could boost the financial prediction industry. This initiative comes at a time when the American market shows increasing interest in digital platforms.

CFTC Monitors Unusual Oil Trading Activities Amid Market Volatility

The head of the enforcement division at the U.S. Commodity Futures Trading Commission (CFTC) announced that the agency is closely monitoring trading activities in the oil futures market due to unusual activities that warrant attention. This announcement comes at a sensitive time marked by notable market fluctuations.

CFTC Takes Action Against Insider Trading in Prediction Markets

A senior official from the U.S. Commodity Futures Trading Commission (CFTC) announced that the agency will take strict measures to combat insider trading in financial prediction markets. This comes amid growing concerns about suspicious activities that could undermine the integrity of these markets.

Temporary Ban on Kalshi in Nevada Escalates Legal Battle over Prediction Markets

A Nevada court has ordered a 14-day suspension of Kalshi's operations, prohibiting the company from offering sports, election, and entertainment contracts without a gaming license. This decision intensifies the ongoing legal conflict between state authorities and the federal agency overseeing derivatives.