Tensions Flare as CME, Kalshi Execs Clash Over Prediction Markets in DC

Neutral+17.39%
20 Aug, 22:32
Source: Decrypt

AI Summary

CME Group and Kalshi executives clashed at a CFTC meeting over prediction market regulation and manipulation concerns.

CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded barbs during a CFTC meeting over prediction markets, manipulation, and regulatory standards.