Law
fromnews.bitcoin.com
12 hours agoPrediction Market Fight Deepens as 40 States Push Back on CFTC
States argue sports prediction markets should remain under state gambling oversight, not federal derivatives regulation.
The arrangement is a formal memorandum of understanding that sets up how the league and the CFTC will work together. The two sides plan to monitor trading activity, exchange information, and look for any signs of manipulation tied to baseball-related event contracts.