I just found out that the CFTC is still putting pressure on prediction markets. Now they have included New York in the list of states they are suing to stop this. This isn't the first time we've seen these regulatory moves, but it's getting more serious each time.

The thing is, these prediction markets are becoming increasingly popular, and obviously regulators don't like them to go out of control. The CFTC has been working on this for a while, but the fact that specifically New York is on the radar says a lot about where the focus is.

Meanwhile, the sector continues to advance. Some see this as an obstacle, others as part of the normal regulation process. What’s clear is that prediction markets are not going to disappear, but they will definitely have to adapt to what regulators want. It will be interesting to see how this evolves in the coming months.