#CFTCSubmitsTwoEventContractRulesToWhiteHouse
🚨 CFTC Sends Two Event-Contract Rules to White House
The U.S. Commodity Futures Trading Commission (CFTC) has submitted two proposed rules to the White House for review.
📌 One proposal would further define event contracts as “swaps.”
📌 Another would exclude casino-style gambling products from the swap definition.
The move could have significant implications for prediction-market platforms and the ongoing regulatory debate over federal vs. state oversight in the U.S. Both proposals are currently under review and are not yet final rules.
#CFTC #Crypto #PredictionMarkets #Polymarket #Kalshi #Trading #Web3 #Regulation
🚨 CFTC Sends Two Event-Contract Rules to White House
The U.S. Commodity Futures Trading Commission (CFTC) has submitted two proposed rules to the White House for review.
📌 One proposal would further define event contracts as “swaps.”
📌 Another would exclude casino-style gambling products from the swap definition.
The move could have significant implications for prediction-market platforms and the ongoing regulatory debate over federal vs. state oversight in the U.S. Both proposals are currently under review and are not yet final rules.
#CFTC #Crypto #PredictionMarkets #Polymarket #Kalshi #Trading #Web3 #Regulation