This week, the CFTC released a notice of proposed rulemaking for prediction markets. Notably, the its proposal doesn’t ban any single category of trade.

The CFTC is reportedly preparing new prediction market rules aimed at curbing manipulation while allowing most sports bets.

The CFTC proposed new rules for burgeoning prediction markets that delineate what bets would be allowed under federal law.

ProphetX Applauds CFTC's Proposed Rulemaking on Prediction Markets

Trading volume across federally regulated markets surpassed $25 billion in 2025, according to the Commodity Futures Trading Commission.

The CFTC’s proposals don’t apply to most of the bets currently being offered on U.S. platforms. Experts still say they’re a step forward.