CFTC pulls Biden-era proposal to ban sports, political prediction markets

CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.
Source: CFTC pulls Biden-era proposal to ban sports, political prediction markets (https://cointelegraph.com/news/cftc-withdraws-proposal-ban-sports-political-prediction-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)