Andreessen Horowitz is supporting the Commodity Futures Trading Commission against state restrictions on prediction markets like Kalshi and Polymarket. The CFTC argues that federally regulated markets should not face separate state bans. The firm warns that state crackdowns could limit user access and reduce market liquidity. The U.S. Senate has also voted to ban senators and staff from trading on prediction markets due to trust concerns. This debate over prediction markets is also evolving in the media, with a16z backing a 24/7 livestream linked to Polymarket culture and real-time news.

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