Prediction markets get first U.S. rule proposal as CFTC pursues contract reviews

CoinDesk Staff

(01:58 PM UTC)

1 min read

The Commodity Futures Trading Commission opened a proposed rule for public comment that sets an approach to determine contracts in the "public interest."

The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation on Wednesday, pitching an approach to how it can make widespread evaluations of whether contracts trip the federal standard for what's off-limits.

The…

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