PANews
PANews|Sep 23, 2026 00:07
[CFTC Chair Calls for Preparedness for 'Comprehensive Tokenization' and 24/7 Trading] According to The Block, the U.S. Commodity Futures Trading Commission (CFTC) has issued a new notice stating that 'mention-based' prediction contracts—designed around whether specific individuals 'mention' certain terms in speeches or attend certain events—pose a higher risk of manipulation. Such contracts may only be listed under 'limited circumstances' and must not violate the Commodity Exchange Act or related regulations. The CFTC highlighted that these types of contracts are susceptible to being deliberately influenced by individuals with insider information or by relevant parties through their statements or attendance decisions, thereby affecting settlement outcomes. The agency had previously filed a lawsuit against a former White House teleprompter operator over mention-based contracts on the Kalshi platform and brought charges against former Congressman George Santos for allegedly influencing contract prices through public statements.
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