domains/internet-finance/cftc-licensed-dcm-preemption-protects-centralized-prediction-markets-but-not-decentralized-governance-markets.md

@@ -31,3 +31,10 @@ The 3rd Circuit's 'DCM trading field preemption' theory provides the specific le
 **Source:** MultiState legislative tracking, March 2026
 
 The Curtis-Schiff bill shows that CFTC DCM preemption is vulnerable to Congressional override—the legislative branch can redefine sports contracts as gambling products requiring state licenses, effectively nullifying CFTC exclusive jurisdiction through statutory redefinition rather than waiting for judicial interpretation.
+
+
+## Extending Evidence
+
+**Source:** MultiState, March 2026
+
+Curtis-Schiff Prediction Markets Are Gambling Act scope explicitly targets CFTC-registered DCM platforms (Kalshi, Polymarket) but does NOT address on-chain prediction markets or futarchy governance markets on blockchain platforms—confirming the centralized/decentralized regulatory split.

domains/internet-finance/futarchy-governance-markets-risk-regulatory-capture-by-anti-gambling-frameworks-because-the-event-betting-and-organizational-governance-use-cases-are-conflated-in-current-policy-discourse.md

@@ -38,3 +38,10 @@ Curtis-Schiff bipartisan bill demonstrates that the regulatory capture risk exte
 **Source:** MultiState legislative tracking, March 23, 2026
 
 Curtis-Schiff Prediction Markets Are Gambling Act (March 2026) explicitly defines sports event contracts as gambling products requiring state gaming licenses rather than CFTC-regulated derivatives, with bipartisan Senate sponsorship including Republican Curtis (Utah) suggesting opposition extends beyond partisan lines. Bill targets CFTC-registered DCM platforms but does not explicitly address on-chain futarchy governance markets, creating potential scope distinction.
+
+
+## Supporting Evidence
+
+**Source:** MultiState legislative tracking, March 2026
+
+Curtis-Schiff Prediction Markets Are Gambling Act (March 2026) demonstrates active legislative conflation—bill would prohibit CFTC-registered platforms from listing sports contracts by defining them as gambling products. Bipartisan sponsorship (Republican Utah, Democrat California) shows political durability of gambling framework application.

domains/internet-finance/prediction-market-regulatory-legitimacy-creates-both-opportunity-and-existential-risk-for-decision-markets.md

@@ -57,3 +57,10 @@ Topics:
 **Source:** MultiState, March 2026
 
 Legislative pathway through Curtis-Schiff bill represents qualitatively different threat than court challenges because Congressional action can directly redefine CFTC jurisdiction regardless of legal precedent. Bipartisan sponsorship (Curtis R-Utah, Schiff D-California) increases political durability beyond partisan opposition. Bill scope limitation to CFTC-registered DCM platforms may create regulatory arbitrage opportunity for on-chain futarchy implementations.
+
+
+## Extending Evidence
+
+**Source:** MultiState, March 2026
+
+Legislative threat vector is distinct from court pathway—Curtis-Schiff bill filed three weeks after Arizona criminal charges during peak jurisdictional conflict. Bipartisan Senate support (Curtis R-Utah, Schiff D-California) increases legislative risk beyond partisan opposition. Bill targets DCM platforms specifically, leaving on-chain futarchy governance markets in regulatory gap.