Odaily Planet Daily News: A rule change proposed by the U.S. Commodity Futures Trading Commission (CFTC) could threaten prediction markets, including the fast-growing Polymarket, which has been opposed by several companies including Gemini, Crypto.com, Robinhood and Coinbase, as well as well-known blogger Scott Alexander. They believe that the CFTC should not ban political prediction markets because it will deprive the American people of the opportunity to access these powerful markets. The CFTC's proposal aims to explicitly ban so-called "event contracts," including the results of political contests, award contests, or athletic competitions. Opponents believe that the CFTC should reconsider its proposal and work with industry stakeholders to build trust. (The Block)