CFTC Tells Prediction Markets: If It’s a Derivative, Don’t Make It Look Like a Bet
Creator: Tanya Chepkova |
Date: 2026-08-07 20:01:00
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Prediction market operators and the CFTC have been defending occasion contracts in court docket and publicly as federally regulated derivatives slightly than sports activities bets. The regulator is now warning regulated corporations to not current these contracts utilizing probably the most acquainted conventions of American sports activities betting.
In accordance with Bloomberg, the CFTC despatched a letter to regulated entities reminding them that derivatives should…
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