House bill would ban wildfire bets on federally regulated prediction markets Suswati Basu A House proposal introduced Monday (August 17) seeks to stop federally regulated prediction markets from letting traders place bets on wildfires or the destruction they cause. Rep. Michael Baumgartner filed H.R. 10109, called the “Wildfire Event Contract Prohibition Act.” After … Continue reading House bill would ban wildfire bets on federally regulated prediction markets
Gemini Titan prepares federally compliant prediction market expansion amid corporate turmoil Suswati Basu Gemini may be getting ready to deepen its push into regulated event-based trading through its affiliated platform, Gemini Titan. A recent regulatory filing submitted to the U.S. Commodity Futures Trading Commission, along with internal compliance documents, lays out how the … Continue reading Gemini Titan prepares federally compliant prediction market expansion amid corporate turmoil
