Bitrue analysis says CFTC moves to classify prediction market event contracts as swaps, excludes casino gambling

• Bitrue published an industry analysis warning of a US regulatory push that could reshape prediction markets by treating event contracts as swaps under CFTC oversight.
• The analysis says the proposals would explicitly exclude casino-style gambling from the swap definition, leaving sports betting and casino games under state jurisdiction.
• Bitrue highlights rising legal risk for operators such as Kalshi and Polymarket as states pursue suits framing these products as illegal gambling.
• It also points to growing market-integrity scrutiny, citing suspicious trades on Kalshi tied to a White House press secretary appointment that turned $173 in bets into about $9,600.
• Bitrue warns the split between federal derivatives regulation and state gambling authority could escalate into a Supreme Court jurisdiction fight.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bitrue Ltd published the original content used to generate this news brief on October 12, 2026, and is solely responsible for the information contained therein.