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The US CFTC received over 1,500 feedback submissions on proposed rules for prediction markets, with increasing industry divisions.

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PANews
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3 hours ago
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PANews May 4 news, the U.S. Commodity Futures Trading Commission (CFTC) has concluded the public comment period for the proposed rules related to prediction markets, receiving over 1,500 pieces of public feedback, with discussions on industry regulation continuing to heat up. Among them, mainstream platforms like Polymarket and Kalshi have clearly expressed support for this regulatory framework, believing that a unified federal regulation will help promote compliance and standardized development in the industry.

At the same time, some market participants and state-level gambling regulators are calling for stricter regulatory and enforcement measures to prevent potential risks such as insider trading and illegal gambling. The results of this large-scale feedback collection reflect significant divergences within the industry regarding key issues such as defining compliance boundaries, classifying product attributes, and positioning regulatory responsibilities. The formal development and implementation of subsequent rules may become a core variable in determining the future direction of the prediction market.

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