Search results for Commodity Futures Trading Commission
Crypto
Polymarket profits concentrated as top 3.14 percent take more than 30 percent
A study analysing all Polymarket trades from 2023 to 2025 concluded the platform’s accuracy reflects an informed minority rather than the “wisdom of crowds.” The paper examined 1.72 million accounts across 210,322 markets and about $13.76 billion in trading. It classified 3.14 percent of accounts as skilled winners, who with market makers took more than 30 percent of profits. About 67 percent of accounts were classified as unskilled or unlucky losers and absorbed all losses.
Crypto
U.S. CFTC staffing hits 15-year low as crypto and prediction market oversight burden grows
The U.S. Commodity Futures Trading Commission\'s workforce has fallen to its lowest level in 15 years after dropping 24% since President Donald Trump\'s return, even as oversight demands increase for cryptocurrencies, oil futures and rapidly growing prediction markets. Staff numbers fell to 535 as of February after layoffs and departures. Lawmakers and former officials raised concerns about weakened enforcement capacity, while the agency said it is using artificial intelligence and software to fill gaps.
Crypto
Brazil blocks Kalshi and Polymarket, citing investor protection
Brazil has blocked prediction market and betting platforms including Kalshi and Polymarket, saying they did not comply with local derivatives trading rules and could harm investor protection and market integrity. The central bank bans derivatives linked to real or virtual events such as sports, online games and politics. Finance Minister Dario Durigan said about 28 platforms were blocked. Polymarket is already blocked in more than 30 countries.
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Crypto
U.S. CFTC adds New York to lawsuit to block prediction market regulation
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Crypto
More than 120 U.S. crypto groups urge Senate to take up Clarity Act
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Crypto
Five obstacles to U.S. CLARITY bill, from Trump controversy to stablecoin interest
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Crypto
Coinbase to introduce TAS for institutions from May for XRP futures
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Crypto
New York state sues Coinbase, Gemini over alleged unlicensed prediction markets
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Crypto
Kalshi seeks to launch perpetual crypto futures in US, blurring line between exchanges and prediction markets
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Crypto
Ceasefire, ETFs and Tesla earnings set crypto market test this week
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Crypto
Why the U.S. SEC chose rulemaking over enforcement
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Crypto
HBO\'s John Oliver targets prediction markets, says manipulation is too easy and regulation is a void
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Crypto
XRP revaluation thesis gains ground as U.S. regulatory shifts raise hopes for institutional participation
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Crypto
U.S. CFTC chair says AI will boost oversight of crypto and prediction markets
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Crypto
Clarity Act stalled by stablecoin rules as Ripple CEO speaks out
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Crypto
Bernstein sees prediction market reaching $1 trillion by 2030, driven by crypto, politics and economy
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Crypto
U.S. SEC issues guidance exempting crypto wallets from broker registration
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Crypto
Bitcoin buying detected targeting $88,000 despite war fears