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✉news WorldLaw & Courts first seen 1 d ago, last 19 h ago, peak #23

CFTC Moves to Separate Prediction Markets From Gambling

Original: CFTC proposals aimed at separating prediction markets from casino gambling

The Commodity Futures Trading Commission has put forward proposals intended to distinguish regulated prediction markets from casino-style gambling. The move comes as event contracts on elections and economic outcomes have drawn scrutiny over whether they serve hedging purposes or function as betting. Market participants and regulators are weighing how the rules will shape which contracts can legally trade in the United States.

Why now: Regulators are actively redefining the legal boundary between financial prediction markets and gambling at a time of rapid growth in event contracts.

CFTCprediction markets

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