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Coinbase wins CFTC clearance as prediction markets top $200 million annualized
Daily traders rose more than 60% in the third quarter, while non-sports contracts accounted for most activity.
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Coinbase says derivatives and prediction markets generated a quarter of transaction revenue
Prediction markets passed $200 million in annualized revenue as Coinbase sought to cushion weaker crypto trading
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Brazil orders blocks on Polymarket, Kalshi and 25 prediction platforms
The finance ministry said only contracts tied to economic benchmarks such as inflation and exchange rates may remain under financial-market rules, while sports and politics are out.