#CFTCSubmitsTwoEventContractRulesToWhiteHouse
๐จ 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.
๐ One proposal would further define event contracts as โswaps.โ
๐ 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
๐จ 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.
๐ One proposal would further define event contracts as โswaps.โ
๐ 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