CME’s Duffy Urges Clearer Boundaries for Prediction Markets Amid Legal Challenges
CME Group CEO Terry Duffy called for clearer regulation of prediction markets, saying the distinction between swaps used for hedging and products that resemble bets has become blurred. His remarks come as platforms including Polymarket and Kalshi face legal and regulatory scrutiny in several U.S. states, and as lawmakers consider federal action fol…