Topic: #cftc
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US Senators Urge CFTC Probe of Polymarket Over Deceptive Marketing
Senators John Curtis and Adam Schiff have called on the CFTC to investigate Polymarket after reports that the platform paid influencers to film fake trades without proper disclosure, raising questions about the regulator's enforcement authority.
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CFTC proposes futures-based reporting framework for event contracts
The CFTC published a proposed rule on June 25 that would shift fully collateralized event contracts from swap reporting to futures-based compliance, ending 9 years of temporary regulatory relief and signaling a comprehensive overhaul of the event contract space.
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Kalshi sues Illinois over 15% sports prediction market tax
Kalshi filed a federal lawsuit against Illinois on Wednesday, challenging a new state tax on sports-related prediction markets set to launch July 1. The 15% gross-receipts tax puts the company at odds with federal regulators who oversee prediction markets.
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State AGs Challenge CFTC Authority Over Prediction Markets
State attorneys general argue prediction markets function as gambling, not commodities, and should fall under state gambling laws rather than federal CFTC oversight. Minnesota sued by CFTC after banning prediction market operations.
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CFTC Chief Selig: US Crypto Regulatory Overhaul Targets Global Leadership
CFTC Chairman Michael Selig outlined a strategic shift in US crypto regulation, moving from enforcement-heavy tactics to modernized frameworks designed to attract legitimate markets and police fraud rather than minor violations.
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Moomoo launches Kalshi prediction markets for retail traders
Moomoo announced a partnership with Kalshi on June 4, 2026, enabling retail traders to access CFTC-regulated event contracts covering Federal Reserve decisions, political events, and sports outcomes.