a16z, one of the leading venture capital firms in the Web3 space, just picked a side in the biggest regulatory fight in crypto right now – and it’s not the statesa16z, one of the leading venture capital firms in the Web3 space, just picked a side in the biggest regulatory fight in crypto right now – and it’s not the states

REGULATION | a16z Backs the CFTC Against States Trying to Ban Prediction Markets

2026/05/03 16:00
2분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

a16z, one of the leading venture capital firms in the Web3 space, just picked a side in the biggest regulatory fight in crypto right now – and it’s not the states.

The venture firm filed a formal letter backing the CFTC against state regulators trying to ban prediction markets like Kalshi and Polymarket. Their argument: state crackdowns directly conflict with federal law and block ordinary users from accessing legitimate markets.

Kalshi and Polymarket, two of the largest prediction markets, are under attack from state regulators calling them unlicensed gambling.

What this means for the industry:

• The federal vs. state jurisdiction battle is escalating fast – the CFTC has already sued Illinois, Arizona, Connecticut, New York, and Wisconsin

• Monthly trading volume on prediction markets hit $25.7 billion in March 2026, with 80%+ of users being retail traders

• Polymarket is actively in talks with the CFTC to re-enter the U.S market after a 2022 ban

The real question isn’t whether prediction markets will survive – it’s who gets to regulate them. a16z is betting the answer is Washington, not state capitals.

Worth watching closely as this heads toward the Supreme Court.

Stay tuned to BitKE for deeper insights into the global crypto regulatory space.

Join our WhatsApp channel here.

Follow us on X for the latest posts and updates

Join and interact with our Telegram community

_________________________________________

시장 기회
VinuChain 로고
VinuChain 가격(VC)
$0,000533
$0,000533$0,000533
-1,11%
USD
VinuChain (VC) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

Starter Gold Rush: Win $2,500!

Starter Gold Rush: Win $2,500!Starter Gold Rush: Win $2,500!

Start your first trade & capture every Alpha move