CFTC seeks public comment on prediction market event contracts framework

The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing what it described as a proposed approach to governing the industry under American law.  The plan, issued by the agency on Wednesday, would establish standards for certain types of wagering while leaving markets tied to elections and politics largely outside the category of activities that would trigger more intensive scrutiny. Where The Line Is Drawn The new proposal sets out how the agency would start determining whether a contract should be prohibited. Under the draft, the CFTC said it preliminarily views both sporting wagers and wagers involving games of chance and pure luck as falling under “gaming.”  At the same time, it suggests that wagering on sports outcomes is likely not broadly contrary to the public interest, while staking money on gambling or games of pure luck likely would be.  The framework further argues that prediction markets based on sports

The CFTC's proposed regulations could streamline prediction markets, potentially reshaping state-federal dynamics and market operations. The post CFTC proposes first federal regulations for sports gambling on prediction markets appeared first on Crypto Briefing.

FIFA's blockchain partnerships for World Cup 2026 could redefine fan engagement and digital asset integration in global sports events. The post World Cup 2026 Group I draws crypto spotlight as FIFA deepens blockchain partnerships appeared first on Crypto Briefing.

The expanded VAR scope and stricter time rules could reshape match dynamics, impacting team strategies and sports betting models significantly. The post World Cup law changes expand VAR intervention scope and crack down on timewasting appeared first on Crypto Briefing.

The relationship between traditional banking and digital assets continues to evolve as SBI Shinsei Bank prepares to launch a pilot program to integrate blockchain-based solutions into its payment infrastructure. This initiative represents a unique step toward integrating cryptocurrency incentives into conventional banking products. A New Pathway For Banking Customers To Access XRP Japan SBI Shinsei Bank is preparing to introduce a new way for customers to interact with digital assets by allowing them to convert a portion of their deposit interest into cryptocurrency rewards, including XRP. According to RippleXity’s post, the pilot scheduled to launch on June 10 represents a notable step toward integrating crypto exposure directly into traditional banking products. Related Reading: Ripple Partner Thunes Unveils Development That Could Strengthen XRP’s Global Payment Narrative This will enable customers to access digital assets through their existing savings activities rather than through

Proposed CFTC rules would forbid markets where an outcome could be impacted by war or assassination, even when conflict isn’t mentioned.

Ethereum's potential shift to zero-knowledge proofs could enhance scalability, privacy, and interoperability, reshaping blockchain's future landscape. The post Ethereum could transition to zero-knowledge proof protocol in 3 to 5 years, says Joe Lubin appeared first on Crypto Briefing.

The integration of blockchain in sports events like the World Cup could drive significant growth and innovation in crypto markets globally. The post World Cup 2026 Group F: what Japan, Netherlands, Tunisia, and Sweden mean for crypto markets appeared first on Crypto Briefing.