🇺🇸 CFTC WARNS ON “MENTION MARKETS”
The CFTC says prediction-market contracts tied to what a specific person says, does, attends, or interacts with carry a heightened risk of manipulation.
📌 New staff guidance says exchanges should only list these contracts in limited circumstances and must demonstrate stronger safeguards against manipulation.
⚠️ This is not an outright ban, but it could make it significantly harder for exchanges to list certain person-specific prediction markets.
#CFTC #PredictionMarkets #markets #crypto
$BTC
$ETH
The CFTC says prediction-market contracts tied to what a specific person says, does, attends, or interacts with carry a heightened risk of manipulation.
📌 New staff guidance says exchanges should only list these contracts in limited circumstances and must demonstrate stronger safeguards against manipulation.
⚠️ This is not an outright ban, but it could make it significantly harder for exchanges to list certain person-specific prediction markets.
#CFTC #PredictionMarkets #markets #crypto
$BTC
$ETH
