📊 Charles Schwab CEO Rick Wurster stated that #prediction markets tied to macro and financial outcomes could provide valuable probability signals for investors, while emphasizing Schwab\'s stance against sports betting. Monthly #trading volumes on Kalshi and Polymarket increased from approximately $2 billion last summer to nearly $17.5 billion in January, with sports-related contracts making up the bulk of the activity. #regulation #crypto
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📊 Charles Schwab CEO Rick Wurster stated that #prediction markets tied to macro and financial outcomes could provide valuable probability signals for investors, while emphasizing Schwab\'s stance against sports betting. Monthly #trading volumes on Kalshi and Polymarket increased from approximately $2 billion last summer to nearly $17.5 billion in January, with sports-related contracts making up the bulk of the activity. #regulation #crypto