-
Crypto.com's Plan to Trade Against Users Puts "No House" Model Under Scrutiny
Crypto.com is building an internal market-making team with the stated goal of profiting from trading on its own prediction market, Bloomberg reports. This move might raise significant conflict-of-interest questions for the CFTC-regulated platform and challenge the industry's core promise of having "no house." The company is actively hiring a "quant trader" to join a team. According to the job listing, the person will "maximize profits while carefully managing risks" by trading on the firm's own sports-related contracts. This practice strikes at the heart of how prediction markets have distinguished themselves from ... (full story)
- Comments / Top
- Subscribe
Royriyandi.
Dec 26, 2025 10:14pm
Permalink
-
Related Stories
From financefeeds.com | Dec 26, 2025
The European Union has finalized its transition toward an era of total financial oversight for the digital asset sector with the full implementation of the DAC8 directive and the Markets in Crypto-Assets regulation. Beginning January 1, 2026, all crypto-asset service providers operating within the EUor serving EU-resident customerswill be legally required ...
From theblock.co | Dec 26, 2025
Prediction markets had their biggest year on record in 2025, with Polymarket and Kalshi emerging as dominant players amid a surge of investment, media attention, and multi-billion-dollar valuations. With U.S. midterm elections approaching in 2026, an event that could prove to be a massive trading opportunity similar to the presidential race of 2024, the two ...