Crypto World
Gensler Files Brief Arguing Sports Prediction Markets Fall Outside CFTC Swap Rules
Gary Gensler, the former chair of both the CFTC and the SEC, filed an amicus brief Thursday with the Sixth Circuit Court of Appeals arguing that sports-event prediction markets are not federally regulated swaps under Dodd-Frank. The brief sides with state regulators against Kalshi, one of the… Read the full story at The Defiant
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