The US Commodity Futures Trading Commission has reportedly asked Crypto.com and predictions market Kalshi to explain how their Super Bowl events contracts comply with derivatives regulations.

The litigants disagreed about whether sports event contracts on prediction markets are contrary to the public interest.

The Commodity Futures Trading Commission put Super Bowl and other sports-related derivatives contracts traded on Crypto.com’s exchange under review to determine whether they meet legal standards.

The agency can’t immediately stop the trading of the contracts, and any review would wrap up after the Super Bowl on Feb. 9 — but the CFTC could ban the contracts after that.

Robinhood Markets has suspended Super Bowl betting after receiving a request from the Commodities and Futures Trading Commission to nix its customers’ access to the event contracts. The halt ...

Robinhood has ended its Super Bowl LIX events contracts after pressure from the CFTC. Robinhood previously launched 2024 election contracts and plans to roll out more event contracts in the future.

Federal regulators are deciding whether to probe the legality of trading in Crypto.com futures contracts that let investors bet on who will win major football games including the Super Bowl.. The ...

The CFTC has thus far not taken any further action on the matter. The post Robinhood to Offer Super Bowl Betting via Kalshi appeared first on Front Office Sports .