CFTC Proposes Rules to Say Prediction Markets Are Not Gambling

T2Covered by 1 source · first reported by PYMNTS at 30 Sept, 17:20 UTC

America’s prediction markets regulator has submitted two rules for White House review as it battles states over industry oversight. The Commodity Futures Trading Commission (CFTC) rules, the subject of a report Wednesday (Sept. 30) by CoinDesk, would connect event contracts to the regulatory…