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The US Commodity Futures Trading Commission (CFTC) has officially withdrawn a Biden administration–era proposal that sought to ban sports, political, and other event-based prediction markets. The decision marks a major regulatory shift for a fast-growing
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Prediction Markets React Prediction markets are flashing red signals for President Donald Trump’s sweeping tariff powers as both Kalshi and Polymarket traders brace for a potential Supreme Court ruling that could curb presidential trade authority.
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