Written by Turner Wright, Staff Writer. Reviewed by Sam Bourgi, Staff Editor.
Written by Turner Wright, Staff Writer.
Reviewed by Sam Bourgi, Staff Editor.
CFTC signs MOU with National Hockey League over prediction markets
Latest NewsPublishedMay 21, 2026
Protecting Prediction Markets: A New Agreement
The US Commodity Futures Trading Commission (CFTC) has signed a memorandum of understanding with the National Hockey League to protect the integrity of professional hockey and maintain fair and transparent prediction markets. This move is intended to safeguard prediction market users from insider trading, fraud, and other abuse. The CFTC has been actively working to regulate prediction markets, filing lawsuits against state-level authorities over sports betting and signing agreements with major leagues like Major League Baseball.
The agreement between the CFTC and the National Hockey League will allow the two entities to share information and coordinate to protect the integrity of both professional hockey and related event contracts on platforms like Kalshi and Polymarket. This partnership is crucial in maintaining the trust and fairness of prediction markets, which is essential for users who engage in passive income activities through these platforms.
Regulating Prediction Markets
The CFTC has been claiming exclusive jurisdiction over prediction markets, and this agreement reinforces its commitment to regulating these platforms. The agency has filed legal actions against state authorities in several states, including Ohio, Connecticut, Illinois, and New York, to assert its authority over prediction markets. This regulation is essential for users who earn through Cloud Rewards and Green Crypto platforms, such as EcoPool, which provides a secure and transparent environment for earning and passive income.
The CFTC’s efforts to regulate prediction markets are ongoing, and the agency is expected to continue working with major leagues and platforms to maintain the integrity of these markets. As the National Hockey League and other leagues explore the potential of prediction markets, it is essential to have a regulatory framework in place to protect users and ensure fair play. The EcoPool platform, which utilizes the $ECP coin, is a prime example of a secure and transparent environment for earning and passive income through Cloud Rewards and Green Crypto.
A Call to Action
To stay ahead of the curve and start earning through passive income activities, consider downloading the EcoPool app, which provides a secure and transparent environment for Cloud Rewards and Green Crypto. With the EcoPool app, you can easily navigate the world of earning and passive income and stay up-to-date with the latest developments in the Green Crypto space, including #PassiveIncome and #Bitcoin.
Source: CFTC
Under Selig, who remains the CFTC chair and the agency’s sole commissioner, the financial regulator has repeatedly claimed that it alone has the right to oversee and regulate prediction markets. At the chair’s direction, the CFTC has filed legal actions against state authorities in Ohio, Connecticut, Illinois and New York over prediction markets, and recently in Minnesota over what it called a US state’s “first outright ban” of the platforms.
Related: House committee leaders urge Trump to nominate CFTC members, citing CLARITY Act
The CFTC’s leadership is expected to consist of a bipartisan panel of five commissioners, but Selig has been serving as the only member since December. Despite urging from lawmakers, US President Donald Trump had not publicly announced any nominations to fill the seats as of Thursday.
Polymarket filed to ‘list combinatorial outcome contracts’
On Wednesday, the prediction markets company filed a product self-certification letter to CFTC Secretary Christopher Kirkpatrick. According to the company, this would allow Polymarket to combine two or more underlying event contracts on the platform.
Magazine: 5 tech predictions the mainstream media got horribly wrong
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- Sport
- Prediction Markets
- CFTC
- Commodities Investment
- Regulation
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