Polymarket · CoinDesk
Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
Compiled by KHAO Editorial — aggregated from 1 source. See llms.txt for citation guidance.
★ Tier-1 Source
Like any regulated trading platform under authority of the Commodity Futures Trading Commission, prediction markets firms try to encourage heavy traders and for firms to act as market makers in ways that can deepen participation and trading volume.
Key facts
- The CFTC is seeing some of the features of these rewards programs "present compliance concerns
- Like any regulated trading platform under authority of the Commodity Futures Trading Commission, prediction markets firms try to encourage heavy traders and for firms to act as market makers in ways
- Zcash’s Tachyon upgrade aims to scale shielded payments, improve quantum readiness, and test whether its funding, security, and governance can hold
- The CFTC proposed its first prediction-markets rule in June
Summary
The U.S. Commodity Futures Trading Commission issued more guidance to warn prediction markets platforms about how they’re managing their incentives programs. The firms need to file properly and avoid programs that could incentivize bad behavior, the agency said. The U.S. derivatives regulator cautioned the event-contracts platforms that it's seeing an increase in their filings in pursuit of incentive programs, and they are often "procedurally or substantively deficient," the document said. The CFTC is seeing some of the features of these rewards programs "present compliance concerns.