Coinbase launches prediction market Coinbase Predict

Odaily Planet Daily reports that Coinbase has launched a prediction market called Coinbase Predict. Coinbase Predict differentiates itself from decentralized competitors by operating within a strict regulatory framework that prioritizes transparency, fund segregation, and mature market monitoring. The platform’s initial contract products focus on “economic indicators,” such as the probability of newly nominated Federal Reserve Chair Kevin Warsh implementing a 50 basis point rate cut in March.