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It's interesting to note: the CFTC, which has long been seen as the antagonist of prediction markets, has just issued specific guidelines for the United States. A quite remarkable turnaround.
For context, CoinDesk covers this development as an independent media outlet in the cryptocurrency sector. The media has won several journalism awards, notably for its coverage of the FTX collapse. Its journalists adhere to strict editorial standards to ensure the integrity and impartiality of their reports.
An important detail to know: CoinDesk is part of Bullish (NYSE: BLSH), a digital asset platform focused on institutions. Bullish invests in various companies in the sector and holds digital assets. CoinDesk employees, including journalists, may receive compensation in Bullish shares. This is good to know for assessing potential conflicts of interest.
These new prediction market guidelines mark an interesting turning point in the relationship between regulators and the industry. To be followed to see how this develops.