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The NCAA has written to the U.S. Commodity Futures Trading Commission (CFTC) requesting a suspension of prediction market contracts related to college sports, claiming that they are functionally equivalent to sports betting but lack protections such as age restrictions, advertising standards, and integrity monitoring that licensed bookmakers typically have. The NCAA also specifically pointed out that contracts related to individual athletes could induce coercion and harassment. Additionally, it is reported that the trading volume of college sports-related contracts on Polymarket is approximately $320 million. The NCAA calls for the implementation of stricter geolocation restrictions, information sharing, limitations on "prop" contracts, and the involvement of sports governing bodies in market design and oversight. (CoinDesk)