The foundation is currently prepared for the U.S. Supreme Court to address whether prediction markets — specifically those involving sports contracts — constitute betting products subject to state oversight or financial swaps supervised by the federal Commodity Futures Trading Commission. While this does not guarantee the high court will actually do so, all the necessary conditions are now present.
PS: I will be attending the Boston Blockchain Week conference this week. Around? Let’s catch up.
You’re reading State of Crypto, a CoinDesk newsletter examining the intersection of cryptocurrency and government. Originally published at https://www.coindesk.com/news-analysis/2026/09/06/prediction-markets-inch-closer-to-the-supreme-court-state-of-crypto.
