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News
CFTC proposes framework to allow sports prediction contracts, opens 45-day comment window
Murugaverl Mahasenan
6-16
CFTC proposes framework to allow sports prediction contracts, opens 45-day comment window
The US Commodity Futures Trading Commission has proposed new rules that could legitimize sports-based prediction contracts. The framework is aimed at giving long-awaited regulatory clarity to a rapidly expanding prediction market industry.
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Disclaimer: The content above is only the author's opinion and does not represent Stellare’s stance. It shall not be construed as investment advice from Stellare. For details, refer to the Terms and Conditions.
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