#CFTCMovesToFoldEventContractsIntoSwapsRules The U.S. CFTC is moving to classify prediction-market event contracts tied to sports, politics, culture, and weather as swaps under federal derivatives law. The proposal could strengthen federal oversight of platforms such as Polymarket and Kalshi, while intensifying legal battles with state gambling regulators. The proposal is not yet final. โ๏ธ๐ Commodity Futures Trading Commission
#CFTCRegulatoryShift #PredictionMarketRules #PolymarketRegulation #CryptoPolicyUpdate $BTC |
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