Miriam Velde

Miriam Velde is the byline on PredictReport's regulation, litigation and tax coverage. Prediction markets sit on a contested line between federally regulated derivatives and state-regulated gambling, and where that line falls decides what can be traded, by whom and from which state.

The coverage follows it to the source documents: CFTC orders and rule proposals, the complaints and rulings in the state cases, the bills in Congress. The aim is to explain what each development changes for someone deciding whether to trade, and what it does not.

Tax articles set out the treatments filers actually use while the IRS has published no guidance specific to prediction markets. None of it is legal or tax advice; anyone with a real decision to make should speak to a qualified professional.