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CFTC PROPOSES LANDMARK RULES TO SEPARATE PREDICTION MARKETS FROM CASINO GAMBLING
• The Commodity Futures Trading Commission (CFTC) has proposed two measures to distinguish prediction markets from casino-style gambling, a move that could have significant implications for the future of regulated markets.
• The proposals aim to establish clearer guidelines for operators and traders, reducing the risk of regulatory overreach and potential lawsuits.
• The CFTC's efforts are seen as a crucial step in setting the stage for a potential US Supreme Court battle over federal and state jurisdiction in the prediction markets space.
📡 Via CoinTelegraph
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CFTC PROPOSES LANDMARK RULES TO SEPARATE PREDICTION MARKETS FROM CASINO GAMBLING
• The Commodity Futures Trading Commission (CFTC) has proposed two measures to distinguish prediction markets from casino-style gambling, a move that could have significant implications for the future of regulated markets.
• The proposals aim to establish clearer guidelines for operators and traders, reducing the risk of regulatory overreach and potential lawsuits.
• The CFTC's efforts are seen as a crucial step in setting the stage for a potential US Supreme Court battle over federal and state jurisdiction in the prediction markets space.
📡 Via CoinTelegraph
👍 Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH