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Explainer maps how prediction markets are regulated by the CFTC and the states
- Explainer maps how prediction markets are regulated by the CFTC and the states — A regulation explainer notes prediction markets operate federally under the CFTC, which treats event contracts as derivatives and supervises the exchanges listing them. Many states view the same products, especially sports contracts, as gambling, so access and rules vary by location. (Investopedia)
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