ExchangeDEX+

Buy Crypto Markets Spot FuturesBTC Earn Event Center

PANews reported on January 15th that, according to CoinDesk, the NCAA has sent a letter to the Commodity Futures Trading Commission (CFTC) requesting a suspensionPANews reported on January 15th that, according to CoinDesk, the NCAA has sent a letter to the Commodity Futures Trading Commission (CFTC) requesting a suspension

The American Collegiate Athletic Association (ACCA) has urged the CFTC to suspend prediction markets related to college sports.

Author: PANews

Source: PANews

2026/01/15 14:30

PANews reported on January 15th that, according to CoinDesk, the NCAA has sent a letter to the Commodity Futures Trading Commission (CFTC) requesting a suspension of prediction market trading related to college sports. The NCAA argues that these prediction markets function essentially the same as sports betting, but circumvent the age restrictions, advertising constraints, and integrity monitoring required of licensed sports betting organizations. Currently, the trading volume of college sports-related contracts on Polymarket has reached approximately $320 million.

The association is concerned that these marketplaces, which allow users aged 18 and over to participate, may attract college students and even athletes themselves; and that prediction contracts targeting individual athletes may induce coercion and harassment, posing a "catastrophic" risk to student athletes and the entire college sports ecosystem.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.