The Commodity Futures Trading Commission (CFTC) is reviewing 'mention markets' on prediction platforms, where traders bet on whether specific words will be used in speeches or broadcasts. In response, Kalshi removed its sports-related mention markets after being alerted by the CFTC. These markets face criticism for potential manipulation, though proponents argue they reflect real market-moving speech. The review comes ahead of a CFTC advisory meeting and amid increased regulatory scrutiny of prediction markets, with some states blocking platforms like Kalshi for operating illegal gambling markets.
JPMorgan Chase cut its banking relationship with prediction market Polymarket in October 2025 due to regulatory concerns, particularly a Commodity Futures Trading Commission (CFTC) enforcement action restricting U.S. customer access. Despite this, Po...
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