For prediction market regulation, it's states versus the feds
For prediction market regulation, it's states versus the feds  
Podcast: Marketplace All-in-One
Published On: Wed Feb 18 2026
Description: 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.