extract: 2026-03-25-prediction-market-institutional-legitimization #1914

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@ -79,7 +79,7 @@ Ninth Circuit denied Kalshi's motion for administrative stay on March 19, 2026,
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### Additional Evidence (extend)
*Source: [[2026-03-21-federalregister-cftc-anprm-prediction-markets]] | Added: 2026-03-21*
*Source: 2026-03-21-federalregister-cftc-anprm-prediction-markets | Added: 2026-03-21*
CFTC ANPRM RIN 3038-AF65 (March 2026) reopens the regulatory framework question for prediction markets despite Polymarket's QCX acquisition. The ANPRM asks whether to amend or issue new regulations on event contracts, suggesting the CFTC views the current framework as potentially inadequate. This creates uncertainty about whether the QCX acquisition path remains viable for other prediction market operators or whether new restrictions may emerge.