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⚖️ CFTC tightens rules for prediction markets

⚖️ CFTC tightens rules for prediction markets
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The CFTC has told prediction markets to stop bulk self-certifying standard contract templates. Operators such as Kalshi and Polymarket will now need to describe each contract individually ⚖️📊 Source: The Gambler. For the wider betting and iGaming sector, this signals closer product scrutiny and a higher compliance burden — but also a clearer regulatory path for event-based markets in the US 🇺🇸 🌐 Source: The Gambler