CFTC Issues Second Warning to Prediction Markets Over Sloppy Contract Filings
TLDR
- The CFTC has warned prediction markets firms for the second time this year about cutting corners on contract certifications.
- Companies like Kalshi, Coinbase, Polymarket and Crypto.com operate under CFTC oversight.
- Firms are submitting broad, template-style certifications instead of detailed individual filings.
- The CFTC’s role as primary regulator of prediction markets still faces legal uncertainty.
- Kraken’s Derivatives Exchange was granted an extension of its dormant regulatory status.
The U.S. Commodity Futures Trading Commission has issued a second warning this year to prediction markets operators, telling them to stop submitting overly broad contract certifications.
CFTC warns prediction market firms to stop submitting template-style event contracts without detailed terms. Regulator demands individualized certification with specific product analysis to ensure compliance.#PredictionMarkets #Crypto Regulation #CFTC pic.twitter.com/G92evKb65Y
- CryptoInBlock (@CryptoInBlock) July 26, 2026
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