The Block (@TheBlockCo): THE BLOCK: Some prediction market platforms received a letter from the Commodity Futures Trading Commission warning them to avoid using American-style…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Impact unavailable
THE BLOCK: Some prediction market platforms received a letter from the Commodity Futures Trading Commission warning them to avoid using American-style gambling odds, not to use "deceptive" practices when listing or soliciting products and to follow U.S. law, according to reporting from Bloomberg. "As a federally regulated exchange, Kalshi follows CFTC guidance and will comply with the letter by its deadline," a Kalshi spokesperson said in a statement to The Block.