The CFTC has released a proposed rulebook for prediction markets, addressing regulatory ambiguity about whether these platforms should be treated as derivatives markets or gambling operations.

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Bloomberg

Washington Examiner

Federal regulators on Wednesday unveiled a sweeping proposal to establish new rules for the rapidly growing prediction markets industry as legal battles continue over whether the platforms constitute federally regulated financial markets or state-regulated gambling. The Commodity Futures Trading Commission, which oversees U.S. derivatives markets, released a 267-page notice of proposed rulemaking outlining what types […]