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CFTC Scraps Biden-Era Ban on Political Prediction Markets Amid State Oversight

Published on February 05, 2026

Categories: Regulation Prediction Markets

The Commodity Futures Trading Commission (CFTC) has withdrawn its 2024 proposal to ban political prediction market contracts. This decision comes as various states are simultaneously intensifying their oversight efforts on such markets.

The CFTC has scrapped a 2024 proposal to ban political prediction market contracts just as states double down on oversight.

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