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The newly formed Coalition for Prediction Markets (CPM) has a large marketing budget, as they share a full-page advertisement in the Washington Post.
Inside it, read “CFTC regulated prediction markets (already) prohibit insider trading.” It then provided a list of what it believed to be regulated and unregulated areas, before saying: “Congress, let’s continue to work together to keep prediction markets safe and transparent for consumers here in America.”
Do not confuse American regulated prediction markets with unregulated, offshore markets.
Full page ad on @WashingtonPost today. pic.twitter.com/IDZwjuJ5C6
– Coalition for Prediction Markets (@PredictAction) January 28, 2026
CPM’s goal is to be a unified voice in the industry working with policymakers, regulators, and the public to establish clear, fair rules that make prediction markets viable and reliable. This is after the group said it will support the Representative Effort of Ritchie Torres to strengthen the integrity of the sector, following reports that an unknown Polymarket user cashed out more than $400,000 in a trade related to an operation to oust Venezuelan President Nicolás Maduro, an incident that has prompted concerns.
What is the Coalition for Prediction Markets?
The coalition, that’s all announced in December 2025has some big names behind it, as it was formed by industry giants Kalshi and Crypto.com. When they arrived, they said they gathered a broad alliance of industry leaders including Coinbase, Robinhood, and Underdog, to help form the coalition.
The bipartisan group also announced in January that former US Representative and Ambassador Sean Patrick Maloney will serve as its CEO and President. In the same news, they shared how former US Representative and Chairman Patrick McHenry joined as a senior advisor.
In CPM’s announcement posts at X, they reiterated their support for prediction markets and said: “This coalition marks the industry’s first concerted effort to protect access, strengthen integrity, and ensure that prediction markets continue to serve the public good.
“Now is just the beginning. A clearer, more reliable prediction of the market ecosystem will benefit everyone.”
When first announced, the CPM said that its first work will focus on strengthening the federal framework that governs prediction markets, with the establishment and education of nationwide standards for integrity central to this work.
While it’s still relatively new, this PR push with large spreads may signal what’s to come, especially since some prediction markets are facing difficulties with state regulators.
Featured Image: Via X post from the Coalition for Prediction Markets
The post The Coalition for Prediction Markets has taken down a full-page advertisement in the Washington Post first appeared in ReadWrite.
