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North Carolina frames the federal versus state prediction market debate, RealClearMarkets reports
- North Carolina frames the federal versus state prediction market debate, RealClearMarkets reports — A RealClearMarkets piece published Oct. 27 uses North Carolina to frame the dispute over prediction market oversight, noting the CFTC is suing states that seek to regulate the markets while state attorneys general challenge federal preemption. It argues prediction markets differ from sportsbooks because participants set prices themselves and the markets can be used to hedge financial risk. (RealClearMarkets)
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