The Commodity Futures Trading Commission has sent the White House two rules that would redraw the legal definition of a swap. That definition is at the center of prediction markets’ fight with the states. One rule would bring event contracts inside the definition, and the other would carve casino-style gambling out of it. While there […]
Source: https://news.bitcoin.com/igaming/cftc-wants-event-contracts-defined-as-swaps-but-not-casino-games/
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