CoinScoopUS CFTC Submits Proposed Rules on Prediction Market Event Contracts to White House
The US Commodity Futures Trading Commission (CFTC) submitted two proposed rules regarding prediction market event contracts to the White House Office of Information and Regulatory Affairs (OIRA) on September 28. The proposals aim to expand the definition of swaps to include event contracts and exclude products classified as casino-style gambling. These rules impact platforms such as Kalshi and Polymarket.
Summaries are written by AI from the original article. Not investment advice.