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CFTC Floats Prediction Market Rule to Crack Down on War Bets
News June 10, 2026 at 12:52 PM
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What You Need To Know
- The CFTC also proposed narrowly defining some "gaming."
- The move is the latest by the agency that has argued it has "exclusive jurisdiction" overseeing the surging industry.
- The contracts are treated as derivatives by the regulator and allow people to place a wager on just about anything, including the FIFA World Cup.
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