Related: CFTC mulling probe of Crypto.com over Super Bowl contracts: Report It comes after the CFTC announced a record-breaking $17.1 billion in monetary relief for fiscal year 2024, largely ...

Last month, Robinhood scrapped event contracts allowing for bets on the Super Bowl a day after launching the products after the CFTC asked it to. The Massachusetts probe also requested Robinhood ...

The CFTC forced Robinhood to pull its Super Bowl contracts as part of a standard review for new products. “But now we’re back for March Madness, and it’s all green lights,” Gouker says.

The nascent sports prediction space got kickstarted when Crypto.com, and later Kalshi, launched Super Bowl betting. The Commodity Futures Trading Commission (CFTC) asked Crypto.com to take its ...

When Crypto.com, a different exchange, first launched Super Bowl betting, the CFTC requested that it pause pending a regulatory review of the market. Crypto.com did not immediately comply with the ...

Still, the move has drawn scrutiny—Massachusetts wants Robinhood's internal chats about launching this after the CFTC nixed its Super Bowl betting contracts last month. Robinhood withdrew its ...