Crypto
NCAA urges halt to prediction markets on college sports
The U.S. National Collegiate Athletic Association has moved to curb the spread of prediction markets tied to college sports. It asked the Commodity Futures Trading Commission to immediately halt such markets and strengthen protections. NCAA President Charlie Baker told CFTC Chairman Michael Selik that trading should be paused until strong safeguards for student-athletes are in place. He said rapid growth is increasing harassment and worsening gambling problems, and noted that prediction markets can allow participation from age 18.
