# prediction markets

Type: Technology

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/prediction-markets
Canonical HTML page: https://getcryptobrief.com/entity/prediction-markets

## Recent coverage (2 stories)

### Crypto Prediction Markets Hit 27% of World Cup Bets, Overtaking Sportsbooks
2026-07-19 22:54:52 · Sentiment: Bullish · Impact: 6/10 · Sources: 2

Polymarket and Kalshi's prediction markets, leveraging blockchain settlement and a friendly CFTC, soared to 27% of US sports betting during the World Cup. The surge highlights how decentralized finance is disrupting the $100B global gambling market and introduces a new killer app for crypto.
Full story: https://getcryptobrief.com/story/crypto-prediction-markets-27-world-cup

### CFTC Asserts Federal Authority Over Prediction Markets Amid State Challenges
2026-02-17 16:45:12 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

CFTC Chairman Mike Selig has initiated a legal defense of the agency's jurisdiction over prediction markets, filing an amicus brief to counter state-level regulatory interference. The move signals a critical jurisdictional battle over the future of event contracts and decentralized forecasting platforms in the United States.
Full story: https://getcryptobrief.com/story/cftc-prediction-market-jurisdiction-dispute

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