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New CFTC Rules on Prediction Markets Would Ban Wagers on Ouster of US Enemies

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Decrypt Editorial
(04:06 PM UTC)
1 min read
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Reviewed byOlivia Bennett
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In brief

  • The CFTC proposed banning prediction markets on outcomes dependent on war or assassination, including the ouster of foreign leaders.
  • It would also bar certain sports prop bets, such as wagers on injuries, referee calls, and specific plays.
  • The proposal now enters a 45-day public comment period.

The CFTC unveiled a new set of proposed rules Wednesday that would govern the emerging…

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