NBA Signs CFTC Deal, Names Kalshi and Polymarket as Preferred Prediction Markets
The NBA has reached an agreement with the CFTC and named Kalshi and Polymarket as preferred exchanges, as the league moves into regulated prediction markets with safeguards against insider trading.
AfroEuropa Newsroom
AfroEuropa desk
The National Basketball Association has entered into an agreement with the US Commodity Futures Trading Commission (CFTC) as the league expands into prediction markets, according to Decrypt and Cointelegraph.
As part of the move, the NBA named Kalshi and Polymarket as preferred exchanges, Cointelegraph reported. The league is pairing the expansion with official data agreements and measures intended to protect against insider trading.
The arrangement sets up information-sharing designed to guard against insider trading as sports betting shifts toward CFTC-regulated venues, according to Decrypt. The deal follows comparable agreements the CFTC previously reached with Major League Baseball and the National Hockey League.
Keep reading
HSBC Launches Hong Kong Dollar Stablecoin RedCoin in PayMe App
HSBC has switched on RedCoin, a Hong Kong dollar-backed stablecoin, inside its PayMe platform, targeting more than 3.3 million users for peer-to-peer transfers and merchant payments.
Other highlights
QuoIntelligence Gains Investment From Ex-German Finance Minister Christian Lindner
The Frankfurt cybersecurity startup secured backing from Christian Lindner's investment vehicle, following a €7.3 million Series A round closed in April 2026.
Follow the story
One newsletter, two continents
The Bridge brings you the tech, startups, and leaders moving between Africa and Europe in one sharp email each morning. No spam, unsubscribe anytime.
