CFTC Prediction Market Jurisdiction
20 articles · 6 tweets · Score 40 · Volume 5
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Related Tweets
“Thanks @ScottJenningsKY for hosting me on your show today. We talked about the @CFTC’s role as a regulator and the difference between gambling and prediction markets. Watch more ⬇️🧵”
“Just told my wife “this isn’t gambling because the CFTC chairman said it wasn’t””
“Prediction markets are regulated in the same way as other financial products traded on @CFTC licensed exchanges and are just a small portion of the $500 trillion notional derivatives market in the US.”
“Prediction markets can be built on virtually any underlying asset or event, including sports, weather forecasts and elections, and we’ve been regulating these products for decades.”
