CFTC chairman criticises states over threats to jail prediction market founders
REGULATIONCommodity Futures Trading Commissioncoinbrief/daily · 1 source
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What happened
The head of the US derivatives regulator says arguments over whether betting-style prediction contracts count as gambling should not put company bosses at risk of prison. He is criticising state authorities for pursuing this approach.
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What to do
- Watch for further federal and state statements on whether event contracts fall under gambling law.
Written by AI from the sources, checked against them
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Who reported · 1 outlet
The Block
Who and what is in it
Government agencies