The United States Securities Exchange Commission hinted at the prospect of regulating prediction markets under federal security laws. There is increased interest in the industry, prompting action by the SEC. Officials of the SEC stated that some contracts may fall under the investment contract provision of the Howey Test. The
Kalshi, a regulated exchange and prediction market platform, has publicised a mega expansion of its market surveillance and enforcement substructure targeted at prohibiting insider trading and market manipulation over the platform. The step taken is a part of a wide initiative to intensify trading integrity, as per the updates shared
The regulators of Nevada have taken a new action against the crypto exchange Coinbase. The action is taken to put a stop to the prediction market offerings of the company in the state as tensions surge between federal derivatives oversight and state gambling laws. On February 2, the Nevada Gaming
