CFTC moves to classify event contracts as swaps, carving out casino gambling

Infiniti Intelligence Hourly Briefing
CFTC moves to classify event contracts as swaps
The Oct. 9 package covers sports, politics and weather contracts, excludes casino-style products, and faces state pushback.
#CFTC #PredictionMarkets #Regulation
24-hour volume eases to $5.2B from $5.6B
DeFi Rate puts $5.2B traded in 24 hours across 9 exchanges, down from $5.6B Sunday.
#PredictionMarkets #Kalshi #Polymarket
UK entry talks face retail binary-options ban
The FCA confirmed talks on UK entry, but the binary-options ban and gambling licensing remain obstacles.
#UK #FCA #PredictionMarkets
Markets: Gold $4,206 | Brent $103 | BTC $84,025 | ETH $2,565
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