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Learn how the CFTC’s proposed swap rule could affect prediction markets, why casino gambling is treated differently, and what remains unresolved.
The U.S. Commodity Futures Trading Commission (CFTC) has put forward two proposals aimed at tightening the rules governing prediction markets and other “event c
A $1.5 billion monthly market sits at the centre of Washington’s latest regulatory offensive, as the Commodity Futures Trading Commission moves to formally claim jurisdiction over the booming event-contract sector.On October 9, the regulator proposed rules to codify sports, political, and climate w…