Crypto Prediction Markets Explained: How the Blockchain Is Reshaping Forecasting

This Chainalysis report explains the mechanics and rapid growth of on-chain crypto prediction markets, examines the fragmented global regulatory environment, and catalogs primary risks — including money laundering, wash trading, oracle manipulation, and insider trading — illustrated by recent Israel and U.S. cases; it also describes how on-chain analytics and AML/KYT tooling can detect, trace, and mitigate these abuses while outlining trends such as institutional adoption and evolving legislation.