The CFTC is asserting that prediction markets should fall under federal regulation rather than state gambling laws. This comes amid ongoing legal challenges from state gambling regulators targeting popular prediction market platforms Kalshi and Polymarket.
The National Telecommunications and Information Administration (NTIA) has issued a request for comments on AI accountability policy. This represents a regulatory initiative to gather public input on how artificial intelligence systems should be governed and held accountable.
The article presents a brief argument that prediction markets should be treated as traditional markets and regulated at the federal level. This represents a regulatory perspective on how prediction markets should be governed in the financial system.
