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CFTC No-Action Letter on Prediction Markets Streamlines Swap Data Reporting

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Decrypt Editorial
(03:33 PM UTC)
1 min read
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Approved bySarah Chen
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In brief

  • The CFTC has taken a no-action position on swap data reporting and recordkeeping regulations, creating a single streamlined process for event contract operators.
  • The no-action relief covers 19 prediction market platforms including Polymarket US, Kalshi, Gemini Titan, and Bitnomial.
  • The technical classification allows event contracts to report like futures instead of more complex swap…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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