NBA moves toward CFTC data-sharing pact and ties with Kalshi and Polymarket

Pro basketball joins baseball and hockey in working with federal prediction market regulators, while the NFL stays firmly on the states' side The NBA has picked a side in the fight over who gets to regulate sports prediction markets. It isn’t siding with the states. The league has signed a data-sharing memorandum of understanding with the Commodity Futures Trading Commission, the federal derivatives regulator. It also struck partnerships with Kalshi and Polymarket, the two biggest names in the space. The core of the deal is an MOU with the CFTC. That is the agency overseeing federally regulated exchanges that list event contracts. That integrity angle matters because basketball is unusually exposed. A single player can swing a game, and player prop markets are popular.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.