NBA Joins Sports Leagues Engaging With CFTC on Prediction Markets
Edited by Steinar Vigdel Kolnes, Editor, Oslo
The NBA has joined other professional sports leagues engaging with the U.S. derivatives regulator on prediction markets, while the NFL remains resistant.
The NBA has joined a growing group of professional sports leagues engaging with the Commodity Futures Trading Commission over prediction markets, according to CoinDesk.
The U.S. derivatives regulator has supported the emergence of prediction-market operators such as Kalshi while building ties with sports leagues.
The NFL, however, has resisted the trend. Its stance highlights a divide among major professional leagues as the CFTC gathers support for the sector.
Source: CoinDesk
