Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

Trump plans to discuss Taiwan arms sales with Xi Jinping at summit

17/06/2026

Kalshi Weekly Open Interest Hits Record $810 Million

17/06/2026

Bybit leads funding for Malaysia’s Hata dual-licensed crypto platform

17/06/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin ETFs Shed $630M in Largest Daily Exit Since January

    17/06/2026

    Wintermute Says A Short Squeeze And A Bull Market Are Two Different Things

    17/06/2026

    Anthony Scaramucci Says Bitcoin Poised To Follow The S-Curve Of Adoption Like Amazon, Microsoft: ‘Cannot Be Devalued’

    17/06/2026

    Why bitcoin’s recent climb to $80,000 might just be a temporary liquidity squeeze

    16/06/2026

    Ali Martinez Reveals Bitcoin, Ethereum, and XRP Bottom Targets

    17/06/2026

    Parataxis Ethereum Expands Crypto Holdings with 398 ETH Purchase

    16/06/2026

    F2Pool Founder Moves $26.4 Million in ETH From Binance, On-Chain Data Shows

    16/06/2026

    Fear Index at 12 as ETH Clings to $1,660

    16/06/2026

    Cardano Founder Cuts Ties With Iagon, Warns of Collapse Under Current Leadership as IAG Dips Over 30%

    17/06/2026

    Ripple CTO Defends 2017 XRP Post — Was He Misread?

    17/06/2026

    Ripple RLUSD Stablecoin Bridge Expansion Links XRP, Cardano, Ethereum, and Wanchain

    17/06/2026

    Justin Sun sets 2026 timeline for TRON quantum-resistant upgrade

    17/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    NFTfi Shuts Down After $737M in Loans as NFT Market Contraction Makes Operations Unsustainable

    11/06/2026

    Dogecoin Notes Shibes Have Been ‘Quiet Lately’ And Then The Internet Showed Off What Everyone Has Been Silently Building

    09/06/2026

    Bored Ape Maker Yuga Labs Rescues Dozens of Ethereum NFTs From Exploit

    09/06/2026

    Trump plans to discuss Taiwan arms sales with Xi Jinping at summit

    17/06/2026

    Kalshi Weekly Open Interest Hits Record $810 Million

    17/06/2026

    Bybit leads funding for Malaysia’s Hata dual-licensed crypto platform

    17/06/2026

    Cardano Founder Cuts Ties With Iagon, Warns of Collapse Under Current Leadership as IAG Dips Over 30%

    17/06/2026
  • Blockchain

    Liberland fires tech sec for seizing blockchain and blocking president’s vote

    16/06/2026

    Firms are turning to blockchain to fight an ad fraud problem AI is making worse

    16/06/2026

    Ethereum AI Agent Verification Standard Scores Risk 0–100 With ZK Proofs

    16/06/2026

    Securitize Tokenized AAA CLO Fund Hits Solana With $250M Ethena Backing

    16/06/2026

    Conflux and Fireblocks Join Forces to Advance Stablecoin Settlements and RWA Markets

    16/06/2026
  • DeFi

    Abracadabra.money injects $100K into Curve pool to stem MIM stablecoin depeg

    16/06/2026

    Plume and Bybit Launch Institutional-Grade RWA Yield Product for Idle Stablecoins

    16/06/2026

    Tokenization could push DeFi assets to $2.7T by 2030: Standard Chartered

    16/06/2026

    Aave Founder Says V4 Spokes Will Drive Liquidity, Growth, and Monetization

    16/06/2026

    Wall Street Could Boost Uniswap’s Token Price Nearly 40x by 2030: Standard Chartered

    16/06/2026
  • Metaverse

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    Bybit leads funding for Malaysia’s Hata dual-licensed crypto platform

    17/06/2026

    Japanese Institutions Turn to Crypto But Keep Allocations Small

    17/06/2026

    The 5 Cryptos Favored by US Congress Members

    17/06/2026

    Revolut Delays IPO to 2028 After Securing UK Banking License

    17/06/2026

    As Taxes Fade Away, Stablecoin Adoption Continues to Rise in Brazil

    17/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Kalshi Weekly Open Interest Hits Record $810 Million

    17/06/2026

    Felix to Shut Down Hyperliquid-Based DEX on June 20

    17/06/2026

    Influential research firm that caused AI stock meltdown lays out Hyperliquid as ‘compelling’ idea

    17/06/2026

    The Change Michael Saylor Has Been Pushing for at Strategy Has Finally Been Approved—It Could Also Impact Bitcoin

    17/06/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Crypto game studio Uncharted to shutdown along with Fishing Frenzy

    15/06/2026

    Pudgy Penguins Halts Web3 Mobile Game Pudgy Party to Focus on Pudgy World

    14/06/2026

    Blazpay Taps Agent War to Boost Innovation AI -Powered GameFi

    11/06/2026

    Crypto Miner MARA Buys 1,000 Bitcoin

    16/06/2026

    India Should Mine Bitcoin Domestically to Curb Dollar Outflow, Says Crypto Educator

    16/06/2026

    Iren acquires Spanish AI data center developer Nostrum Group

    16/06/2026

    Bitcoin mining difficulty drops 10% in 11th largest downward adjustment

    15/06/2026

    Trump plans to discuss Taiwan arms sales with Xi Jinping at summit

    17/06/2026

    US Treasury allows sanctions waiver on Russian seaborne oil to lapse

    17/06/2026

    US Treasury sanctions Gaza flotilla leaders linked to Hamas and PFLP front groups

    17/06/2026

    Bessent backs summer push for Clarity Act, says bitcoin reserve moving at ‘deliberate speed’

    16/06/2026

    Trump plans to discuss Taiwan arms sales with Xi Jinping at summit

    17/06/2026

    Kalshi Weekly Open Interest Hits Record $810 Million

    17/06/2026

    Bybit leads funding for Malaysia’s Hata dual-licensed crypto platform

    17/06/2026

    Cardano Founder Cuts Ties With Iagon, Warns of Collapse Under Current Leadership as IAG Dips Over 30%

    17/06/2026
  • MarketCap
NBTC News
Home»Exchanges»NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene
Exchanges

NHL and MLB Sign With Polymarket and Kalshi as Their Unions Ask CFTC to Intervene

NBTCBy NBTC10/05/2026No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


A coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi and Polymarket, putting the unions in direct opposition to the leagues that have signed commercial deals with the same platforms.

Key Takeaways:

  • Player unions for the NFL, MLB, NBA, NHL, and MLS jointly asked the CFTC to ban “negative outcome” and “mention” event contracts.
  • The NHL has data partnerships with both Polymarket and Kalshi, and Polymarket is MLB’s exclusive prediction-market partner.
  • The CFTC received over 1,500 public comments before its rulemaking input window closed on April 30.

Player Associations Across Five Major US Sports Leagues File Joint Comment

The joint comment, filed on April 30 (the final day of the window) by player associations representing the NFL, MLB, NBA, NHL, and MLS through the lobbying firm Elevate Government Affairs, urged the CFTC to ban contracts based on a “negative” outcome that can be manipulated by a single individual, including bets on whether an athlete is injured or penalized. The unions also asked for a ban on “mention contracts” tied to whether specific words like “concussion” are spoken during live broadcasts, calling them “just another way of betting on a negative outcome.”

The unions argued that prop bets on individual athlete performance expose players and their families to harassment from disgruntled bettors, citing a New York Times survey published in The Athletic from November 2025, which reported that 78% of professional baseball players said legalized sports betting had changed how fans treat them. “Individuals targeting our members do not distinguish between state-regulated wagers and contracts offered on prediction markets,” the unions wrote. “From their point of view, a bet is a bet regardless of where it is placed.” The Athletic piece also includes somber testimonies from players of the NHL, the NFL, and the NBA, though it is worth noting that it does not in any way mention prediction markets across the piece.

The NHL last year became the first US pro league to enter the prediction-market space, signing multi-year data partnerships with both Polymarket and Kalshi. MLB has Polymarket as its exclusive prediction-market partner under a multi-year agreement and has signed a memorandum of understanding with the CFTC on>also filed comments asking the agency to monitor susceptible markets. Spillane’s NBA letter further called for raising the minimum trading age to 21, in line with the legal sports betting age in most US states.

The CFTC closed its 45-day rulemaking input window on April 30 with over 1,500 public comments received. Chair Michael Selig defended the agency’s posture in response to a Wall Street Journal editorial in a letter to the editor published May 1, writing that the CFTC holds “exclusive authority over prediction markets” under the Commodity Exchange Act and warning that restrictive rulemaking would push activity offshore.

Selig has repeatedly framed exchanges as self-regulatory organizations responsible for policing their own markets, at the time when Toronto Raptors forward Jontay Porter was banned for life in April 2024 for sharing confidential information with bettors who had wagered he would underperform statistical “under” lines. Former Miami Heat guard Terry Rozier was arrested in October 2025 as part of a federal investigation into prop-bet manipulation, with prosecutors expected to file additional charges by mid-May.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

Kalshi Weekly Open Interest Hits Record $810 Million

17/06/2026

Felix to Shut Down Hyperliquid-Based DEX on June 20

17/06/2026

Influential research firm that caused AI stock meltdown lays out Hyperliquid as ‘compelling’ idea

17/06/2026

The Change Michael Saylor Has Been Pushing for at Strategy Has Finally Been Approved—It Could Also Impact Bitcoin

17/06/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

Trump plans to discuss Taiwan arms sales with Xi Jinping at summit

17/06/2026

Kalshi Weekly Open Interest Hits Record $810 Million

17/06/2026

Bybit leads funding for Malaysia’s Hata dual-licensed crypto platform

17/06/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.