Prediction markets, but CFTC pays attention. With Crypto.com and KALSHI are reviewed, can supervision be totally more rigorous for juvenile trading?

The commodity futures trading committee is closely audited Crypto.com and Like A company, seeking clarity on how to comply with the newly launched Super Bowl contracts with American derivative regulations, according to Bloomberg.

This increased censorship comes in the aftermath of January 27 advertisement that CFTCLeadership leadership pledged to monitor emerging issues in the derivative market, as events based on juvenile trading declined directly in their eyes.

Crypto.com, which managed the exchange of derivatives in the United States, was. Notified CFTC on December 19 of its intention to launch the relevant Super Bowl contracts by December 23.

However, the short notice organized as little as possible to review the products before the Christmas holidays and amid concerns about the closure of the government.

After weeks, CFTC is now inhibiting its regulatory authority, and requesting additional information from companies that put their financial offers.

Under the laws of current derivatives, companies that state that their products are not easily tampered with and compliance with American regulations.

Although the CFTC review process does not give it immediate authority to stop trading, the agency can issue a ban later or take enforcement if concerns arise.

"We are continuing to review the contracts according to our regulations," the CFTC spokesman confirmed, while leaving the door open to the potential application or setting new rules.

Crypto.com is still firm in defending his position. "We believe in a firm belief in the legitimacy of our juvenile contracts and we believe that CFTC is the appropriate organizer to bring in the safety of the regulating market, tampering controls, and the availability of the product in all fifty states."

Interestingly, Crypto.com had previously pulled two lines connected to the sport that was subject to organizational scrutiny, and later chosen the implementation of a new contract targeting spectators and relevant industries.

Meanwhile, KALSHI. Firing "Kansas City Vs. Philadelphia" Super Bowl Market on January 24, which has already seen the trading volume to nearly $ 2.5 million as of January 4.

In addition, the company has provided contracts that allow users to bet on brands that are likely to be announced during Super Bowl, attracting more than $ 1.5 million in trading activity.

Amid this, the broader prediction markets industry witnessed fluctuations.

During the 2024 American presidential election session, Polymarket-The largest central automatic predictive market-more than $ 2.5 billion in bets, collects, with bets related to the elections that lead this increase.

However, by January 2025, sizes Decline Exclusively to about 1.24 billion dollars, reflecting the cooling interest after the electoral noise calmed down.

Continuous review of CFTC Coincide with Robinhood Entering the markets to trading on events. On February 3, Robinhood announced that it would enable its customers to derivals to trad the sporting events through the Kalshi exchange.

"With a group of emerging assets such as juvenile contracts, we are aware of an opportunity to better serve our customers as their interests meet through markets, news, sports and entertainment."

While the agency cannot stop trading these contracts immediately due to a 90 -day mandatory review process, it retains the authority to prohibit it later. With Super Bowl on February 9, any decision will come after the event.