Regulation· ★★★· bullish·

CFTC Excludes Casino-Style Wagers From Swap Definition

  • —CFTC bypassed a proposal to include casino-style wagers in the swap definition
  • —The agency cited threats to prediction markets
  • —Existing compliance obligations remain unchanged
Why it matters: The decision eases regulatory pressure on prediction markets and could support their growth in the US.
Source: The Defiant
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