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

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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