HPC and Multicoin Voice Support for the CFTC’s New Prediction Markets Framework

TL;DR

• Federal momentum: HPC and Multicoin Capital are backing the CFTC’s new prediction markets framework, filing a joint comment that calls for clear national standards.
• Regulatory clarity: The Proposal outlines how the Commission will decide when an event‑based contract can be blocked.
• Industry alignment: HPC and Multicoin urge settlement‑based interpretations, published reasoning for all reviews, and uniform rules that support responsible growth of onchain markets.
  

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HPC and Multicoin Capital are throwing their support behind the CFTC’s proposed framework for prediction markets, filing a joint comment that urges the agency to lock in clear federal standards as trading activity accelerates and regulatory pressure intensifies across several states. Their backing comes at a moment when prediction markets have reached serious scale, with major venues reporting rapid growth and state regulators attempting to classify event‑based contracts as gambling products, creating uncertainty the Proposal aims to resolve.

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