CFTC Signs MOU with National Hockey League over Prediction Markets
Cointelegraph
The CFTC signed an MOU with the NHL to safeguard the integrity of professional hockey within prediction markets like Polymarket and Kalshi.Summary
The U.S. Commodity Futures Trading Commission (CFTC), led by Chair Michael Selig, has signed a memorandum of understanding (MOU) with the National Hockey League (NHL). The agreement aims to protect the integrity of professional hockey and prevent fraud, insider trading, and abuse on prediction market platforms such as Polymarket and Kalshi. This follows a similar agreement established with Major League Baseball and underscores the CFTC's assertion of exclusive jurisdiction over event contract regulation. Despite internal pressure for bipartisan leadership, Selig remains the agency's sole commissioner as the CFTC continues its aggressive oversight of the burgeoning prediction market sector.
(Source：Cointelegraph)