CFTC to Defer to Sports Leagues as NFL Pushes for Stricter Prediction Market Rules
The National Football League (NFL) is pressing prediction market platforms to halt certain high-risk event contracts, prompting the Commodity Futures Trading Commission to signal it will largely follow the leagues’ lead on what constitutes acceptable trading. In letters sent to CFTC-registered operators this week, the… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged cftc, nfl, prediction markets, regulation, sports