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

@@ -73,3 +73,10 @@ Curtis-Schiff bill would eliminate DCM preemption for sports contracts through C
 **Source:** MultiState, March 2026 Curtis-Schiff bill analysis
 
 Curtis-Schiff bill scope explicitly targets CFTC-registered DCM platforms but does NOT address on-chain prediction markets or futarchy governance markets on blockchain platforms. This creates a regulatory arbitrage opportunity where decentralized governance markets may avoid the legislative threat that centralized platforms face, even though both use similar prediction market mechanisms.
+
+
+## Challenging Evidence
+
+**Source:** MultiState, March 2026
+
+Curtis-Schiff bill (March 2026) would eliminate DCM preemption for sports contracts through Congressional redefinition, making the protection temporary rather than structurally durable. Bipartisan sponsorship (Curtis R-Utah, Schiff D-California) suggests broader political coalition than partisan gaming revenue protection, increasing legislative viability.

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

@@ -101,3 +101,10 @@ Curtis-Schiff bill demonstrates concrete legislative pathway where sports predic
 **Source:** MultiState legislative tracking, March 2026
 
 Curtis-Schiff Prediction Markets Are Gambling Act (March 2026) demonstrates the conflation risk materializing as actual bipartisan federal legislation. The bill explicitly defines sports event contracts as gambling products requiring state gaming licenses rather than derivatives, without carving out governance or decision market use cases. The bipartisan sponsorship (Republican Curtis from Utah, Democrat Schiff from California) shows the anti-gambling framing has cross-partisan appeal, increasing political durability.
+
+
+## Supporting Evidence
+
+**Source:** MultiState legislative tracking, March 23, 2026
+
+Curtis-Schiff Prediction Markets Are Gambling Act (March 2026) demonstrates the conflation risk materializing: bipartisan Senate bill would legislatively define sports event contracts as gambling products requiring state licenses, targeting CFTC-registered DCM platforms. Notably, the bill does NOT explicitly address on-chain prediction markets or futarchy governance, suggesting the regulatory capture threat may be scoped to centralized platforms rather than decentralized governance applications.