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Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight
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Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight
Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are derivatives that fall under federal jurisdiction and should stay there. The company warned that letting states write their own rules for these markets would recre...
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