The U.S. Commodity Futures Trading Commission says it has full authority over insider trading in event contracts after Kalshi froze traders and flagged two cases. That is a power grab from state regulators and a clear message to the DOJ. Why it matters. If the CFTC wins jurisdiction, prediction markets move from gray zone to federally protected asset class. Clarity brings institutions. Institutions bring liquidity. Watch who controls the rulebook.
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PREDICTION MARKETS JUST GOT A FEDERAL STAMP 🚨
The U.S. Commodity Futures Trading Commission says it has full authority over insider trading in event contracts after Kalshi froze traders and flagged two cases.
That is a power grab from state regulators and a clear message to the DOJ.
Why it matters.
If the CFTC wins jurisdiction, prediction markets move from gray zone to federally protected asset class.
Clarity brings institutions.
Institutions bring liquidity.
Watch who controls the rulebook.