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Prediction markets get CFTC relief as legal battles widen – TON BOT

Prediction markets get CFTC relief as legal battles widen

CFTC staff granted no-action relief for fully collateralized event contracts, easing swap data reporting duties for contracts listed on regulated exchanges. The relief covers DCMs, DCOs, and market participants, with a streamlined approval process for future applicants. This move comes amid legal battles between prediction market platforms and state gambling regulators.


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