The post The Nationwide Tug-of-War over Prediction Markets appeared on BitcoinEthereumNews.com. A contentious legal battle in the United States over the classificationThe post The Nationwide Tug-of-War over Prediction Markets appeared on BitcoinEthereumNews.com. A contentious legal battle in the United States over the classification

The Nationwide Tug-of-War over Prediction Markets

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A contentious legal battle in the United States over the classification of prediction markets has intensified as federal regulators endeavor to determine whether such platforms are financial instruments or merely gambling venues. The Commodity Futures Trading Commission (CFTC), in conjunction with the Department of Justice, has petitioned a federal court to halt Arizona from enforcing […]

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