CFTC Withdraws Proposed Ban on Sports and Political Prediction Markets

TheNewsCryptoPublicado a 2026-02-05Actualizado a 2026-02-05

Resumen

The U.S. Commodity Futures Trading Commission (CFTC) has withdrawn its 2024 proposal to ban sports and political prediction markets. CFTC Chairman Michael S. Selig stated the agency will not proceed with final rules on the matter and will instead initiate new rulemaking based on a revised interpretation of the Commodity Exchange Act. The withdrawn proposal had sought to prohibit event contracts related to topics such as war, terrorism, and other outcomes deemed against public interest. The CFTC also repealed a 2025 staff advisory that had caused confusion. The new rulemaking aims to provide clearer guidelines, reduce regulatory uncertainty, and support innovation while reassessing the CFTC’s role in ongoing litigation regarding event contract jurisdiction. This shift signals a potential alignment of federal regulation with market practices amid ongoing tensions with state governments that often treat such contracts as unlicensed gambling.

The CFTC has pulled its 2024 proposal that aimed to ban sports and political prediction markets, saying it will not proceed with final rules on the issue. CFTC Chairman Michael S. Selig said the agency will instead initiate new rulemaking based on a sound interpretation of the Commodity Exchange Act.

Proposal Withdrawal and Advisory Repeal

The proposed rule, initially proposed in June 2024, aimed to ban a wide array of event contracts, including those related to wars, terrorism, and other outcomes deemed not in the public interest. The CFTC also withdrew a 2025 staff advisory regarding sports-related event contracts, which it believed had confused in the market.

As Chairman Selig stated, markets were left confused by the advisory, and he hopes the new rulemaking process will provide clearer guidance. The CFTC aims to set standards that will enable innovation and provide clarity for entities subject to CFTC regulation.

In this regard, “event contracts” is a term that defines financial contracts that allow traders to place bets on the outcome of future events, such as election results or sports, as governed by the federal government. The nature of platforms that offer event contracts includes those that offer futures or swap markets for real-world events.

Some prediction markets have faced challenges from the state government, which views event contracts as unlicensed gambling, thus creating a conflict of regulation between the federal and state governments. The withdrawal of the proposal may signal a shift towards aligning federal regulation with market realities.

New Rulemaking on the Horizon

Chairman Selig has directed the staff of the CFTC to initiate a new rule on event contracts that will reflect the new interpretation of the law by the agency. This new interpretation will help to provide a clearer set of guidelines for prediction markets, while at the same time reducing uncertainty for exchanges and intermediaries that list event contracts. Chairman Selig has also stated that the CFTC will reassess its role in current litigation related to the jurisdiction of event contracts.

The withdrawal of the proposed prohibition on sports and political prediction markets by the CFTC is a significant change in the policy of federal regulation of event contracts. The CFTC’s move to withdraw the proposed prohibition in favor of new rulemaking proposals is an attempt to ensure a balance between legal certainty and innovation. As the regulatory environment evolves, the future of prediction markets may be marked by a clean regulatory environment.

Highlighted Crypto News:

Binance Completes Second Bitcoin Purchase for SAFU, Adding 1,315 BTC

Preguntas relacionadas

QWhat was the main action taken by the CFTC regarding its 2024 proposal on prediction markets?

AThe CFTC withdrew its 2024 proposal that aimed to ban sports and political prediction markets and will not proceed with final rules on the issue.

QWhat did the CFTC also withdraw alongside the proposed rule, and why?

AThe CFTC also withdrew a 2025 staff advisory regarding sports-related event contracts because it had created confusion in the market.

QAccording to Chairman Selig, what is the CFTC's new approach to event contracts?

AChairman Selig stated the CFTC will initiate new rulemaking based on a sound interpretation of the Commodity Exchange Act to provide clearer guidance and enable innovation.

QWhat regulatory conflict is mentioned regarding prediction markets in the United States?

AThere is a conflict between federal and state governments, as some state governments view event contracts as unlicensed gambling.

QWhat is the expected outcome of the CFTC's withdrawal and new rulemaking direction?

AThe move is expected to provide a clearer regulatory framework, reduce uncertainty for exchanges, and align federal regulation with market realities to balance legal certainty and innovation.

Lecturas Relacionadas

The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

"Anthropic Nears Trillion-Dollar IPO, Fueled by Explosive Growth and 2028 'Intelligence Explosion' Warning Anthropic is considering a deal valuing the AI company near $1 trillion, potentially leading to one of the largest IPOs ever and surpassing SpaceX. Its revenue has skyrocketed, with Annual Recurring Revenue (ARR) reaching $45 billion in May 2026—a 500% increase in just five months. This vertical growth curve is attributed to its key products, Claude Code and Cowork, dominating AI coding and enterprise collaboration. Beyond commercial success, co-founder Jack Clark issued a pivotal warning in an interview: there is a greater than 50% chance that by the end of 2028, AI systems will achieve recursive self-improvement—the ability to autonomously build a 'better version' of themselves, initiating an 'intelligence explosion.' This prophecy underpins the company's astronomical valuation, as the market prices in the potential for transformative and disruptive AI. Further signaling its ambition, Anthropic formed a $1.5 billion joint venture with Goldman Sachs and Blackstone, aiming to disrupt traditional consulting firms like McKinsey by deploying Claude AI for complex strategic work. This move tests AI's capacity to replace high-level cognitive labor, a precursor to its predicted autonomous evolution. The narrative presents a dual future: unprecedented economic opportunity alongside significant risks like economic restructuring and security threats. Anthropic's meteoric rise and Clark's 2028 prediction frame the coming years as a countdown to a potential technological singularity."

marsbitHace 11 min(s)

The Largest IPO in History Is Approaching, Surpassing SpaceX, 28 Years of AI Self-Iteration, Countdown to Intelligence Explosion

marsbitHace 11 min(s)

The Exquisite Self-Interest of Former OpenAI CTO Murati: Personally Handing Over the Knife and Then Being the First to Seek Reconciliation

Court documents from Elon Musk's lawsuit reveal OpenAI's former CTO, Mira Murati, played a central and seemingly self-interested role in Sam Altman's November 2023 ouster and reinstatement. As early as 2022, she complained to Altman about his shifting priorities and pressure to prioritize revenue. By 2023, she privately supplied co-founder Ilya Sutskever with extensive internal evidence against Altman, which became a key 52-page memo for the board. She was appointed interim CEO after Altman's firing and informed Microsoft. However, text messages show Murati simultaneously relayed the board's stance to Altman while secretly urging Microsoft's CEO to help reverse the decision. Once employee backlash mounted, she refused to publicly defend the board's move she helped engineer. She then became the first signatory on the employee petition demanding the board resign and reinstate Altman. A former board member testified Murati was "waiting to see which way the wind blew," not realizing "she herself was the wind." The evidence depicts her actions as consistently aligning with her own interests throughout the crisis.

marsbitHace 17 min(s)

The Exquisite Self-Interest of Former OpenAI CTO Murati: Personally Handing Over the Knife and Then Being the First to Seek Reconciliation

marsbitHace 17 min(s)

AI Inference Bills Soar, Shopify and Roblox Warn: Savings from Layoffs Not Enough to Cover Chip Costs

The 2026 Q1 earnings season reveals a paradox: while AI helps companies freeze hiring and boost productivity, the soaring costs of AI inference—token consumption and GPU depreciation—are eroding savings from workforce reductions. Shopify reported that AI now writes over 50% of its code, enabling significant output with stable headcount. However, LLM costs, driven by heavy usage of its AI assistant Sidekick, are pressuring its subscription毛利率. Similarly, Roblox attributed a quarter of its full-year利润率下调 to increased AI investment. The article highlights a broader industry imbalance: combined AI capital expenditure for Amazon, Meta, Microsoft, and Google is projected to reach $725 billion in 2026, vastly outpacing potential savings from layoffs. For instance, Meta's planned裁员 would save about $2.4 billion annually, offsetting only ~12% of its incremental AI depreciation. While底层 model and chip suppliers like NVIDIA maintain high profitability, application-layer companies face a pricing squeeze. Their strategies now involve要么 tightly linking AI costs to user engagement (like Shopify) or introducing fees for advanced AI features (like Roblox), as covering AI bills with裁员 savings alone is financially unsustainable.

marsbitHace 27 min(s)

AI Inference Bills Soar, Shopify and Roblox Warn: Savings from Layoffs Not Enough to Cover Chip Costs

marsbitHace 27 min(s)

Has Hook Summer Really Arrived? sato, Lo0p, FLOOD Ignite the New Narrative of Uniswap v4

"Hook Summer" Arrives? Sato, Lo0p, FLOOD Ignite Uniswap v4 Narrative Amidst a slight market recovery, attention within the Ethereum ecosystem has shifted to Meme coins built on Uniswap v4's Hook protocol. Following ASTEROID, tokens like sato, sat1, Lo0p, and FLOOD have become market focal points, with market caps ranging from millions to tens of millions, bringing concentrated liquidity to a narrative-dry market. Uniswap v4 Hooks are "plugin smart contracts" that allow developers to inject custom logic at key points in a liquidity pool's lifecycle (initialization, adding/removing liquidity, swaps, etc.), making the AMM programmable. Recent representative projects include: * **sato**: Market cap peaked over $38M; uses a v4 curve mechanism for minting/burning, locking ETH as reserve. * **sat1**: Market cap briefly exceeded $10M, positioning as an "optimized sato," but later declined significantly. * **Lo0p**: Market cap neared $6.6M; a "lending AMM protocol" allowing users to borrow ETH against deposited LO0P tokens without immediate selling pressure. * **FLOOD**: Market cap approached $6M; channels trading reserves into Aave v3 to generate yield, which is retained in the pool. The emergence of these Hook-based tokens could drive long-term growth for the Uniswap ecosystem by attracting users and liquidity to v4 pools. Combined with Uniswap's activated fee switch (partially used to burn UNI), the long-term outlook for UNI appears positive. However, short-term UNI price appreciation is not directly guaranteed. Factors include the sustainability and lifecycle of these new tokens, their price volatility, overall market conditions, and regulatory pressures. Currently, Uniswap v4's TVL ($595M) lags behind v3 and v2, indicating Hook adoption still requires time to mature. In summary, the Hook ecosystem serves as "long-term nourishment" for UNI, but acts more as a "catalyst" than a direct "booster" in the short term. Note: These are early-stage experimental tokens and may carry unknown risks.

marsbitHace 36 min(s)

Has Hook Summer Really Arrived? sato, Lo0p, FLOOD Ignite the New Narrative of Uniswap v4

marsbitHace 36 min(s)

Has Hook Summer Truly Arrived? sato, Lo0p, FLOOD Ignite the New Uniswap v4 Narrative

With the broader market showing signs of recovery, a new wave of interest has emerged around Ethereum-based meme coins. Following ASTEROID, tokens like sato, sat1, Lo0p, and FLOOD, built upon the Uniswap v4 Hook protocol, are capturing market attention. Their market capitalizations range from millions to tens of millions of dollars, injecting much-needed focused liquidity into a market lacking narratives. This article explores whether this trend signifies an incoming "Hook Summer" and its potential impact on UNI's price. Hooks are essentially plug-in smart contracts for Uniswap v4 liquidity pools, allowing developers to inject custom logic at key points in a pool's lifecycle (like initialization, adding/removing liquidity, swaps). This transforms the AMM into programmable building blocks. Key highlighted projects include: * **sato**: Peaked over $38M market cap. It utilizes a v4 curve for minting/burning; buying locks ETH as reserve to mint new tokens, while selling redeems ETH from the reserve and burns tokens. * **sat1**: Market cap briefly exceeded $10M, promoted as an "optimized sato," but later declined significantly. * **Lo0p**: Reached nearly $6.6M. It's a lending AMM protocol where buying LO0P tokens locks them as collateral, allowing users to borrow ETH from the pool reserve at 40% LTV, aiming to improve capital efficiency for idle ETH in LPs. * **FLOOD**: Peaked near $6M. Its mechanism directs asset reserves from buys into Aave v3 to generate yield, with fees and interest retained in the pool to potentially influence the token's price long-term. In the long term, the development of the Hook ecosystem can attract users and liquidity to Uniswap v4, benefiting UNI's fundamentals—especially combined with the recent activation of the protocol fee switch, where a portion of fees is used to burn UNI. However, in the short term, these Hook-based tokens are unlikely to directly drive significant UNI price appreciation. Their impact is moderated by factors like token sustainability, price volatility, and broader market and regulatory conditions. Currently, Uniswap v4's TVL ($595M) still trails behind v2 and v3, indicating adoption and growth will take time. The article concludes that while the Hook ecosystem provides long-term "nourishment" for UNI, its short-term role is more of a "catalyst" than a "booster." Readers are cautioned that these are early-stage experimental tokens and may carry unknown risks.

Odaily星球日报Hace 49 min(s)

Has Hook Summer Truly Arrived? sato, Lo0p, FLOOD Ignite the New Uniswap v4 Narrative

Odaily星球日报Hace 49 min(s)

Trading

Spot

Futuros

Artículos destacados

Cómo comprar BAN

¡Bienvenido a HTX.com! Hemos hecho que comprar Comedian (BAN) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Comedian (BAN) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Comedian (BAN)Después de comprar tu Comedian (BAN), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Comedian (BAN)Tradear fácilmente con Comedian (BAN) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

541 Vistas totalesPublicado en 2024.12.11Actualizado en 2025.03.21

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de BAN (BAN).