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via The Block · By The Block Editorial

White House starts review of CFTC's prediction markets rulemaking as Trump backs agency authority

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The Block Editorial
(08:52 PM UTC)
1 min read
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Verified byMichael Roberts
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The White House is reviewing proposed prediction market rules as President Donald Trump throws his support behind the Commodity Futures Trading Commission’s oversight of the industry amid growing resistance from states.

On Tuesday, the White House's Office of Information and Regulatory Affairs said it received the proposed rule from the CFTC, and said it is pending review, according to its websit…

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