Canadian securities administrators said Thursday that sports and entertainment prediction markets should not fall under securities law. Regulators at the CSA and CIRO issued guidance on event contracts. This move avoids federal supervision of those markets. Meanwhile, U.S. prediction markets faced a political fight with state regulators in a political battle this month. August data on U.S. downloads show Kalshi and Polymarket leading the sector. Separate developments include exchange traded funds and a Robinhood crypto contract tied to the XRP price.
Sources & References
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Prediction Markets and States Clashed, Setting Off a Furious Political Battle - The New York Times
Prediction Markets and States Clashed, Setting Off a Furious Political Battle The New York Times
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Our picks for the best prediction markets 2026: Reviews of Kalshi, Polymarket, other popular platforms - CBS Sports
Our picks for the best prediction markets 2026: Reviews of Kalshi, Polymarket, other popular platforms CBS Sports
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Best Prediction Markets Apps in US Ranked August 2026 - Goal.com
Best Prediction Markets Apps in US Ranked August 2026 Goal.com
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Prediction Market ETFs Have Lots of Questions to Answer - Casino.org
Prediction Market ETFs Have Lots of Questions to Answer Casino.org
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XRP price at Aug 27, 2026 at 11pm EDT? Crypto Prediction Market - Robinhood
XRP price at Aug 27, 2026 at 11pm EDT? Crypto Prediction Market Robinhood