Donald Trump is expected to meet with Paradigm, one of the most influential venture capital firms in the crypto sector, to discuss prediction markets. This meeting comes days after a White House gathering on August 19 and just ahead of a significant CFTC meeting that could reshape how these platforms operate. Under the Trump administration, the CFTC has been moving toward treating prediction markets as futures contracts rather than gambling products. If the CFTC follows through on a more permissive regulatory framework, prediction markets could see a flood of institutional capital, as the sector is currently dominated by platforms like Polymarket.
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