Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets.
This article was originally published by CoinTelegraph. Click through to read the complete story.
Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets.
Category: markets
Related Crypto News
- Worldcoin's Wild Ride: $4.7M Liquidation Sparks a 13% Price Plunge—What's on the Horizon?
- NEAR Protocol Takes a Double Hit: 9.5% OI Plunge and 8% Price Tumble—What’s Next?
- Ripple on the Edge: Is XRP's Plunge a Sign of Bigger Troubles Ahead?
- XRP Faces Intense Market Turmoil: Staggering 2008% Liquidation Imbalance Sparks Panic!
- GRAM Crypto Takes a Nosedive: $5.8M Liquidated, What's on the Horizon?
- XRP Burn Rate Skyrockets by 75% - Is a Massive Price Rally on the Horizon?