The CFTC’s public roundtable aims to reassess its regulatory approach towards prediction markets following increasing scrutiny. Led by Acting Chair Caroline Pham, discussions will engage stakeholders and address legal and consumer protection issues related to event contracts.
Despite regulatory challenges, prominent figures, such as Vitalik Buterin, defend the role of prediction markets as vital social tools. The roundtable seeks to find a balance while recognizing legal concerns from global regulators.