Senate bill to target sports betting ban on prediction markets: WSJ
A bipartisan Senate bill would reportedly ban sports betting and casino-style contracts on prediction markets.
A bipartisan Senate bill would reportedly ban sports betting and casino-style contracts on prediction markets.
Original source
Read on CointelegraphRelated market context
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...
CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them
The CFTC has proposed its first written framework for sports event contracts, formally defining sports markets as “gaming” – then...
XRP Price Prediction: Japan Regulates Crypto like Stocks, XRP to Benefit First
Japan just rewrote the rules. XRP price is battling below resistance at $1.10, but it’s prediction is getting bullish as Japan’s p...
XRP Price Prediction: Japan XRP ETF Listing is Getting Closer
Japan just handed XRP bulls a major regulatory tailwind. XRP price is retesting a congestion zone, and the prediction could turn b...
Bitcoin Price Prediction: JPMorgan Fuds BTC as Debasement Trade Retreat Accelerates
JPMorgan is calling it. The debasement trade, or the macro thesis that drove billions into Bitcoin price and gold, is unwinding, a...
Ethereum Price Prediction: 3 Million ETH Rushes Into Staking as Sellers Vanish
Is nobody leaving Ethereum? A record 36 million ETH is now locked in staking, roughly 29–30% of the circulating supply, and the va...