Daily Market Updates: White House weighs CFTC prediction market contract rule proposals

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White House weighs CFTC prediction market contract rule proposals

Reported · Written up by our desk · Regulation

The White House is considering two proposed rules from the US Commodity Futures Trading Commission (CFTC) that would relate to prediction markets, as the government weighs how to regulate these contracts.

According to The Block, the proposals are part of a broader effort by the CFTC to establish and assert its jurisdiction over prediction market activity.

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Sources

The BlockWhite House weighs new CFTC event contract rules in growing prediction market power struggle

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White House weighs CFTC prediction market contract rule proposals

More like this

Sources

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