Fidelity urges Senate to pass CLARITY Act as ethics dispute clouds 60-vote path
Republicans released updated bill text this week, but some Democrats say the ethics language still falls short.
Foundations of prediction markets: what they are, how they work, the mechanics behind the prices.

They turn a $1 payoff into a tradable price signal, then rely on a matching engine and a resolution process to pay winners.

Resolution finalizes a market to one outcome using a prewritten rulebook and a specified data source, then triggers a fixed payout and ends trading.

Start by browsing markets without logging in, then set up auth, deposits on Polygon, and wallet gas so trades and API orders don’t fail.

Kalshi is a federally regulated U.S. derivatives exchange where traders buy and sell yes-or-no event contracts that settle at $1 or $0.

Prediction markets trade event-linked contracts whose prices can be read as odds, but liquidity, informed flow, and regulation decide how trustworthy that signal is.
Republicans released updated bill text this week, but some Democrats say the ethics language still falls short.
The European-style contracts use an RFQ workflow with Orbit Markets providing launch liquidity.
The 2026-06-06 analysis framed the drop as a sector-wide “bleed,” but did not specify the metrics behind the call.
The Malta Digital Innovation Authority will distribute access in a first phase slated to launch this month.