COINOTAG News reported on December 19 that Coinbase CEO Brian Armstrong highlighted the potential of the prediction market as more than a betting venue. He described it as an alternative information channel where market prices reflect real-time expectations, offering policymakers and investors a clearer read on likely outcomes beyond conventional polls or sports bets.
Armstrong contends that prediction markets provide a stronger information edge because participants face economic incentives to reveal actionable intelligence, reducing noise from misinformation. He suggested policymakers could use these markets to test policy concepts, detect unintended impacts, and calibrate regulatory choices before they are enacted.
Crypto-market participants and regulators should watch the development of this framework, which depends on credible data, liquidity, and transparent governance. If properly integrated, market signals could complement traditional analyses and shape risk-aware strategies in the evolving digital asset landscape.
Source: https://en.coinotag.com/breakingnews/coinbase-ceo-brian-armstrong-prediction-markets-offer-stronger-policy-signals-than-polls
