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CFTC seeks to define event contracts as swaps amid prediction market fight

The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.

· 1 min read · 81 words · via Cointelegraph

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Wire briefing

The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.

Source: Cointelegraph. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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