PANews reported on May 4th that the U.S. Commodity Futures Trading Commission (CFTC) has concluded its public comment period for its proposed rules related to prediction markets, receiving over 1,500 responses, indicating a continued surge in industry discussion regarding regulatory matters. Major platforms such as Polymarket and Kalshi have explicitly expressed their support for the regulatory framework, believing that unified federal regulation will help promote compliance and standardization within the industry.

Meanwhile, some market participants and state-level gaming regulators are calling for stricter regulatory and enforcement measures to prevent potential risks such as insider trading and illegal gambling. The results of this large-scale consultation reveal significant disagreements within the industry on key issues such as defining compliance boundaries, classifying product attributes, and defining regulatory responsibilities. The formal formulation and implementation of subsequent rules may become a core variable determining the future direction of the market.