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The post CFTC Issues No-Action Letter on Prediction Market Data Reporting appeared on BitcoinEthereumNews.com. The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and recordkeeping obligations for prediction market operators and clearing organizations. The divisions said Wednesday that they will not recommend enforcement against designated contract markets (DCMs), derivatives clearing organizations (DCOs), or their participants for failing to comply with specified swap-related recordkeeping requirements or for failing to report covered transactions to swap data repositories. Event contracts on prediction markets technically qualify as “swaps” as they are based on binary events. However, the letter argued that similar contracts are listed for trade by DCMs and have more similar characteristics to futures and options on futures, hence enabling firms to repor
Read full articleThe rise in scams impersonating CFTC officials highlights the urgent need for increased public awareness and stronger cybersecurity measures. The post CFTC warns of rising scams impersonating its officials appeared first on Crypto Briefing.
The regulatory relief streamlines compliance for prediction market operators dealing with event contract data reporting requirements.
Interactive Brokers announced the launch of a unified prediction markets platform on Thursday, which integrates event contracts from Kalshi, CME Group, and its own affiliate exchange, ForecastEx. IBKR Aggregates Kalshi and CME for Professional Traders The Interactive Brokers (Nasdaq: IBKR) update introduces a single interface designed to consolidate these three liquidity pools. Eligible clients can […]
The Commodity Futures Trading Commission (CFTC) issued a blanket no-action letter this week, relieving prediction market operators from swap data reporting and recordkeeping obligations tied to fully collateralized event contracts. CFTC Issues Blanket No-Action Letter Cutting SDR Reporting for Event Contracts The CFTC‘s Division of Market Oversight and Division of Clearing and Risk jointly announced […]
The CFTC issued no-action relief from certain swap reporting rules for fully collateralized event contracts as prediction market disputes widen.
Prediction market platform Myriad has adopted Chainlink infrastructure to automate and settle crypto prediction markets with near real-time payouts, starting with BTC, ETH, BNB, and SOL markets. According to Myriad, the integration brings Chainlink Data Streams and the Chainlink Runtime…
CFTC grants no-action relief on event contract reporting, easing swap data duties for DCMs, DCOs and participants amid growing legal fights.
The post Poly Truth: The AI That Reads the Internet Before You Place a Prediction appeared on BitcoinEthereumNews.com. Most people entering a prediction market are working with incomplete information. They see a question, a set of outcomes, and current odds shaped by whoever placed money before them. That is not analysis, that is crowd sentiment dressed up as a signal. Poly Truth is built around a different premise: before you commit to a position, you should know what the data actually says. The project describes itself as a prediction market intelligence tool, one that automates the research process and delivers probability-backed insights on active events across sports, politics, crypto, and beyond. How Poly Truth Approaches Prediction Market Research The core idea is straightforward. Prediction markets move fast, and useful data is scattered across dozens of sources. Manually tracking all of it before an event closes is not realistic for most participants. Poly Truth automates that
