Reef_Chain

#PredictionMarketsCFTCBacking The Dawn of Regulated Forecasting ​The #PredictionMarketsCFTCBacking movement signals a historic pivot in how we value collective intelligence. Under the new leadership of Chairman Michael Selig, the CFTC has shifted from restriction to regulation, withdrawing 2024’s proposed bans on political and sports-related event contracts. ​By asserting exclusive federal jurisdiction, the CFTC is effectively shielding platforms like Kalshi and Polymarket from fragmented state-level bans, reclassifying these markets as sophisticated financial derivatives rather than mere gambling. This "backing" isn't just about legalizing bets; it’s about legitimizing price discovery for real-world outcomes. ​With institutional capital now eyeing the space and federal oversight tackling insider trading, prediction markets are evolving into a structured, transparent pillar of the global financial ecosystem. #PredictionMarketsCFTCBacking #HarvardAddsETHExposure #OpenClawFounderJoinsOpenAI $BTC $ETH $BNB