For prediction market regulation, it's states versus the feds
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 18 February 2026
⏱️ 8 minutes
🧾️ Download transcript
Summary
A major fight is brewing over who has the right to regulate prediction market platforms like Kalshi and Polymarket. In a brief in a Nevada court case, the Commodity Futures Trading Commission argued it should regulate prediction markets, but states say the platforms should follow state gambling laws. Later in the episode, we unpack departure plans for the European Central Bank's president and hear why geopolitics are making Sweden rethink its decision to not adopt the euro.
Transcript
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| 0:01.2 | better internet? |
| 0:02.4 | Cox Internet |
| 0:03.1 | of 300 megas has the velocities rapid and confiables that you're doing, perfect for streaming and gaming and to work from everything. All right. All right. All right. When you CokesMobile, include a key of Wi-Fi and guarantee of price of two years in your plan. No, you'll be Peres, |
| 0:21.8 | Cambiate |
| 0:22.2 | today to |
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| 0:23.6 | Require Cogne |
| 0:24.8 | Gigan Limited and guarantee of price of two years in your plan. No, |
| 0:20.8 | don't expect. |
| 0:21.8 | Cogne. |
| 0:23.1 | Require Cogne, limited, |
| 0:25.2 | guarantee of price, |
| 0:25.9 | no include impuces and cargos, |
| 0:27.0 | velocity of data, |
| 0:27.8 | mobile, |
| 0:28.0 | is reduced after 20 gigas |
| 0:29.3 | a month. |
| 0:31.1 | These new prediction markets |
| 0:32.9 | get some federal attention. |
| 0:35.4 | I'm David Brancaccio in Los Angeles. |
| 0:37.3 | A major fight is brewing over who has |
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