Topic: cftc regulation
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MAGA vs. Broligarchs: The Prediction Market War
The Trump administration's CFTC is supporting prediction markets, directly opposing Republican-led states like Utah that view them as illegal gambling, fracturing a previous political-tech alliance. The administration is targeting AI company Anthropic with punitive measures, a move driven by ideo...
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Trump's Truth Social to Launch Polymarket Rival
Truth Social, controlled by Donald Trump, is launching Truth Predict, a cryptocurrency-based prediction market service that competes with platforms like Polymarket and allows users to bet on events ranging from elections to sports. The platform aims to democratize information and provide a real-t...
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Google Permits Prediction Market Ads With Strict Rules
Google will allow ads for regulated Prediction Markets in the U.S. starting January 21, but only federally authorized entities like CFTC-designated markets or NFA-registered brokerages are eligible. All advertisers must obtain specific certification from Google, ensuring ads and products comply w...
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