CFTC Tells Prediction Markets to Drop State Geoblocks Within 30 Days
The Commodity Futures Trading Commission says federally regulated prediction markets generally cannot block traders based on which U.S. state they are in, and has given exchanges 30 days to lift such restrictions or explain why they can’t. The guidance came a day after a federal judge ordered Kalshi to block sports contracts on the lands […]
Key Takeaways
- The Commodity Futures Trading Commission says federally regulated prediction markets generally cannot block traders based on which U.S.
- state they are in, and has given exchanges 30 days to lift such restrictions or explain why they can’t.
- The guidance came a day after a federal judge ordered Kalshi to block sports contracts on the lands […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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