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CFTC PUSHES FOR EVENT CONTRACTS THAT DEFY GAMBLING LABEL
• The Commodity Futures Trading Commission (CFTC) has requested definitions for event contracts that could potentially bypass state regulations on gambling.
• The move could have significant implications for the crypto and traditional financial markets.
• The CFTC's proposal aims to establish a clear distinction between event contracts and other types of derivatives, potentially allowing them to operate outside of traditional gambling laws.
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📡 Via CoinDesk
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#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH
CFTC PUSHES FOR EVENT CONTRACTS THAT DEFY GAMBLING LABEL
• The Commodity Futures Trading Commission (CFTC) has requested definitions for event contracts that could potentially bypass state regulations on gambling.
• The move could have significant implications for the crypto and traditional financial markets.
• The CFTC's proposal aims to establish a clear distinction between event contracts and other types of derivatives, potentially allowing them to operate outside of traditional gambling laws.
Follow for live market updates!
📡 Via CoinDesk
👍 Like and follow for more informative content like this!
#crypto #newsdaily #news #BREAKING #BTC $BTC $ETH