CFTC-NHL prediction market oversight

May 21, CFTC and NHL signed an MOU to enhance integrity monitoring of prediction markets tied to hockey events, building on existing partnerships with Kalshi and Polymarket.

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🇮🇳 INDIA IS PREPARING TO BAN POLYMARKET AND KALSHI UNDER SECTION 69A. But the numbers tell a different story. Polymarket and Kalshi have already seen more than $44 billion in trading volume in 2025 alone. One IPL match - LSG vs RCB - generated $27.7 million in trading volume in just one day. Indian users are already creating huge activity on these platforms, but India gets no tax revenue, no control, and no oversight from it. The US faced the same situation in 2022. Instead of banning Polymarket forever, they fined it $1.4 million and later regulated it. By 2025, Polymarket became legal in the US. Now Kalshi is valued at $5 billion with backing from big investors like Sequoia, a16z, and Paradigm. India is taking the opposite approach. People are already using VPNs to access these platforms, and now the government is trying to block VPN providers too. But demand cannot be banned. You can only decide who benefits from it. Regulate it → India keeps the business and tax revenue. Ban it → the money and liquidity move outside India. The blocking order is expected today. And India may have just missed a huge opportunity.

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🚨 MAJOR REGULATORY BLOW ON WALL STREET! 🚨 The SEC has abruptly halted the newly launched prediction market ETFs: no betting on elections, recessions, or sports—at least for now. Meanwhile, the CFTC has partnered with the NHL to closely monitor all hockey-based contracts 🏒. The future of these products and retail access will depend on public opinion. Another regulatory strike as the prediction market explodes! 💥 #Cryptocurrencies #ETF #Regulation

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SEC Chair Paul Atkins says the SEC will seek public input on how to approach new ETF products.

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@Kalshi is just a glorified betting app.

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Kalshi is just a betting app marketed as a new financial revolution. @Kalshi

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Aceh Larang Pinjol, tapi Pemerintah Pusat Masih Gagal Kendalikan Pinjol dan Judol di Seluruh Indonesia Aceh punya aturan sendiri soal pinjaman online Berdasarkan Qanun Aceh tentang Lembaga Keuangan Syariah, seluruh layanan keuangan di Aceh wajib berbasis syariah, termasuk fintech lending Pinjol konvensional dengan bunga berbasis riba tidak bisa beroperasi di sana, dan aturan ini berjalan sejak 2018 Faktanya, larangan itu efektif di Aceh karena ada dasar hukum daerah yang kuat dan penegakan yang nyata kenapa pemerintah pusat tidak bisa melakukan hal serupa di skala nasional ? OJK mencatat lebih dari 4.500 pinjol ilegal ditutup sejak 2018 Tapi setiap kali satu platform diblokir, puluhan yang baru langsung muncul Pola yang sama terjadi dengan judi online, meski Kominfo sudah memblokir jutaan situs sejak 2023 Masalahnya bukan kurang regulasi UU ITE ada OJK ada Kominfo ada Masalahnya ada di tiga hal penegakan yang tidak konsisten, celah yurisdiksi karena server di luar negeri, dan permintaan yang tidak pernah turun karena masalah ekonomi masyarakat belum terselesaikan Pinjol tumbuh karena banyak orang tidak punya akses ke kredit formal Judol tumbuh karena tidak ada alternatif hiburan atau jalan keluar finansial yang realistis bagi sebagian besar masyarakat Selama akar masalahnya tidak disentuh, pemerintah hanya memadamkan api satu per satu, sementara sumbernya tetap menyala

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