Tag
#Michael S. Selig
North Carolina prediction markets get 6% tax as CFTC edge grows
North Carolina prediction markets got a 6 per cent tax rate in the new budget, widening their edge over sportsbooks taxed at 23 per cent.
Trump backs CFTC in prediction-market fight with Minnesota
Trump backed the CFTC's claim to oversee prediction markets as Minnesota fights to treat the contracts more like gambling products.
Prediction markets reshaped the CFTC under Trump
Prediction markets are reshaping the CFTC, turning a fight over state bans into a broader test of who gets to define and police event contracts.
Prediction markets ban: CFTC sues Minnesota over law
Prediction markets ban litigation is testing whether Minnesota can criminalize event contracts that the CFTC says belong under exclusive federal oversight.
CFTC scrutiny widens around Polymarket as oil bets draw abuse concerns
Reports linking an $800 million oil-linked Polymarket wager to insider-trading concerns are turning event contracts into a new test of CFTC market-abuse oversight.
House panel presses Trump to fill CFTC as crypto agenda grows
House Agriculture leaders pressed Donald Trump to fill four empty CFTC seats as the agency's role in crypto market structure and prediction markets widens.
