HomeCrypto GamingCoinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market...

Coinbase Takes Aim at CFTC’s Definition of ‘Gaming’ in Proposed Prediction Market Rules

-

“If adopted, the rule would capture contracts as “gaming” that by any common understanding are not, in fact, gaming,” Coinbase wrote, arguing that that is inconsistent with “legislative history related to gaming, neither of which suggest that gaming should extend beyond sporting events”.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Bitcoin pulls back to $90,000 as early Friday rally attempt fails

U.S. employment information for December was combined, whereas inflation expectations edged increased, and the U.S. Supreme Courtroom didn't ship a ruling on the Trump...

Asset manager VanEck explains how one bitcoin could be worth $2.9 million by 2050

The asset supervisor’s base case assumes bitcoin beneficial properties traction as a settlement instrument and reserve asset over the subsequent 25 years.

Senate Republicans race toward crypto vote on bill with uncertain Democratic buy-in

Whereas Senator Cynthia Lummis hints a couple of circulating Banking Committee draft, the Agriculture Committee says it is nonetheless hoping for a bipartisan model.

Moku launches $50,000 creator rewards program

Ronin-based NFT venture Moku has launched Creator Bounties, inviting customers to create content material about its AI-powered fantasy sports activities recreation Grand Area in...

Most Popular

spot_img