The Latest Breaking News from CFTC

Polymarket founder and CEO Shayne Coplan announced on Tuesday that the prediction market platform has received approval from the Commodity Futures Trading Commission for intermediated trading in the U.S.

Kalshi, the U.S. prediction-market platform backed by major venture firms, is fast growing in popularity thanks to a new funding round.

Mike Selig, the newly appointed Chair of the Commodity Futures Trading Commission, pledged on Saturday to support President Donald Trump’s goal of making the U.S. the world’s “Crypto Capital.”

Coplan, 27, started Polymarket in the bathroom of his Lower East Side apartment.

Prediction market Polymarket has taken the world by storm and is currently disrupting the sports betting sector. With a new investment from New York Stock Exchange parent Intercontinental Exchange Inc (NYSE:ICE), the company's founder has become the world’s youngest self-made billionaire.

The Trump administration has pulled back the nomination of Brian Quintenz for the chair of the Commodity Futures Trading Commission, a White House official told Benzinga late Tuesday.

Cotton futures are trading with contracts down 3 to 5 cents at Monday’s midday, with October down 64 cents. The US dollar index is back $0.230 on the day to $97.040 and crude oil futures $0.28 lower. The weekly CFTC Commitment of Traders report indicated managed money trimming their net...

The legislation seeks to define which crypto assets are securities, establish jurisdictional boundaries between federal regulators, and impose new consumer protections on exchanges and issuers.

Cotton futures are showing slight losses across most contracts on Monday, with contracts down 4 to 17 points. The US dollar index is down $0.171 on the day to $97.365, with crude oil futures $0.61 higher. Weekly CFTC data indicated spec traders adding 2,536 contracts to their net short position...