📊 Prediction Markets Enter a New Era!
The U.S. Commodity Futures Trading Commission (CFTC) has shifted its stance, signaling support for the responsible growth of event contract markets. ⚖️
Key Highlights:
- Withdrawal of the 2024 ban proposal ✅
- Drafting clear rules to provide legal certainty 📜
- Platforms like Kalshi & Polymarket now under direct oversight 🔍
- Enforcement authority defended against state-level challenges 💪
👉 What this means: Prediction markets are moving toward legitimacy, blending compliance with innovation. This could open a new frontier for crypto and finance 🚀
#predictionmarket #CFTC #CryptoBuzz #RabiaNadeem #BinanceSquare #FinanceFuture