a16z Crypto Advocates for Unified Regulation of Prediction Markets

The US Commodity Futures Trading Commission (CFTC) is working on updates to the regulatory framework for prediction markets. This development comes at a critical time as prediction markets shift from niche products to essential infrastructure.

a16z Crypto's Miles Jennings, Head of Policy and General Counsel, contributed to an article titled 'Getting prediction market regulation right.' The authors suggest that the CFTC should establish a unified regulatory framework for prediction markets. They also propose five specific recommendations to guide the reform process.