🚨 CFTC gives prediction markets a deadline to lift state-level geographic restrictions 🧠

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- The CFTC is requiring federally regulated prediction markets to remove geographic restrictions on traders based on U.S. states.
- Exchanges must lift the relevant restrictions within 30 days or explain why they cannot do so.
- Previously, a federal judge had ordered Kalshi to block certain sports contracts.
- This move could affect the compliance framework for prediction markets operating in the United States. 🔥

- Tighter regulation may trigger short-term caution in the market.
- Institutional investors may reassess their compliance risk exposure.
- Whale trading activity remains neutral, with no notable changes.
- Related sectors are expected to remain range-bound in the short term.

- How do you think prediction market liquidity will change once state-level geographic restrictions are lifted? Leave a comment to join the discussion.

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