Sentiment: Negative
Buy Bitcoin, Ethereum and Crypto Currencies/Coins from:
|
Binance |
|
Coinbase |
|
KUCOIN |
|
AscendEX (Formally BitMax) |
CFTC Moves to Classify Prediction Market Contracts as Swaps Amid State Pushback
By Trader Edge at 2026-11-07 02:24
Sentiment: Negative
TLDR The CFTC issued an interim final rule and proposed a new rule to classify event contracts as swaps under its jurisdiction. Casino-style gambling products are excluded from the swap definition under the new interim rule. The proposed rule covers event contracts based on sports, politics, culture, and weather. States and former officials have objected [...] The post CFTC Moves to Classify Prediction Market Contracts as Swaps Amid State Pushback appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Regulation #Stocks
Source Coin Central