CFTC Grants No-Action Relief to Multiple Prediction Markets
The US Commodity Futures Trading Commission has granted no-action reduction to 4 prediction market operators, easing enforcement strain on platforms which have confronted mounting regulatory scrutiny. Key Takeaways: The CFTC granted slender no-action reduction to 4 prediction markets, decreasing speedy enforcement danger. Platforms should absolutely collateralize all contracts and publish time-and-sales information to keep eligibility….
