The CFTC Proposes New Rule on Prediction Markets, Allowing Most Sports-Related Prediction Markets While Safeguarding Against Market Manipulation

BlockBeats News, June 10th, according to The Wall Street Journal report, the U.S. Commodity Futures Trading Commission (CFTC) is planning to propose a new set of rules to regulate prediction markets. The proposed new rules by the CFTC will aim to continue allowing most sports-related prediction markets while seeking to avoid triggering significant market manipulation.

Source: BlockBeats

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