Regulatory Scrutiny - Congressman Abe Hamadeh is urging the Commodity Futures Trading Commission (CFTC) to review prediction markets, specifically the Kalshi x CNN partnership [1][2] - The concern revolves around potential unfairness or manipulation if a news company can influence the story and individuals can trade on the outcome [1] - There is a belief that news becoming a vehicle for financial gain could incentivize individuals to directly affect outcomes [1] - The industry anticipates increased scrutiny and potential challenges to prediction markets [1] Partnership Concerns - The focus of the review is the partnership between Kalshi and CNN [1][2] - The core issue is the potential conflict of interest arising from a news organization shaping stories that can be traded on [1]
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Easy·2025-12-17 21:27