The NCAA has sent a letter to the U.S. Commodity Futures Trading Commission (CFTC), requesting a halt on prediction market contracts related to college sports, stating that they are functionally equivalent to sports betting but lack protective measures commonly found in licensed sportsbooks, such as age restrictions, advertising regulations, and integrity monitoring. The NCAA also specifically pointed out that contracts involving individual athletes could lead to coercion and harassment. Additionally, statistics show that college sports-related contracts on Polymarket have a trading volume of approximately $320 million. The NCAA is calling for stricter geographic restrictions, information sharing, limitations on 'prop-style' contracts, and for sports governing bodies to participate in market design and oversight. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=55148