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Mick Bransfield on Litigation, Legislation, and the Future of Prediction Markets in the US

Episode #5 of the Supercycle podcast.

Featuring Mick Bransfield.

We discuss how the CFTC is handling lawsuits against states challenging their authority to regulate derivatives exchanges and how a changing CFTC could impact the industry in the future. How hard is it to put the genie back in the bottle? Markets predict a democratic president will be inaugurated in January 2029. What does that mean for Designated Contract Markets such as KalshiEX?

Episode #5 of The Supercycle podcast. The Supercycle will be live at Manifest to interview Robin Hanson. Hope to see you there!

Mentioned links:

Eli on the Minnesota bill:

Mick’s website: https://mickbransfield.com

Mick’s X: @MickBransfield

Legislation Tracker: https://mickbransfield.com/2026/02/28/prediction-market-2026-legislation-tracker/

Litigation Tracker: https://mickbransfield.com/2025/08/11/summary-of-legal-actions-involving-kalshis-sports-event-contracts/

Database of Prediction Market Projects: https://docs.google.com/spreadsheets/d/1vGjnJPxdnBKwag3Q9Uy_LdVAARaSHrI5CWiYKH7dV9s/edit?gid=1671608647#gid=1671608647

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