U.S. CFTC Proposes Ban on Political Event Contracts
Friday, May 10th 2024, 4:11:49 pm
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The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.
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Prediction markets, like Kalshi, which allow people to place wagers on everything from elections and sports to the anticipated bridesmaids at Taylor Swift's wedding, are booming. But this burgeon...
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