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The Commodity Futures Trading Commission Issues Advisory on Prediction Markets as Transgressions Alleged on Kalshi

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TL;DR:

The Commodity Futures Trading Commission’s (CFTC) Division of Enforcement has issued a statement on two cases regarding prediction markets and the misuse of nonpublic information. According to the CFTC, the alleged transgressions occurred on KalshiEX and include the following.

Key Points:

  • The Commodity Futures Trading Commission Issues Advisory on Prediction Markets as Transgressions Alleged on Kalshi

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.

    The Commodity Futures Trading Commission Issues Advisory... | NewsCR