DevReadWriteabout 11 hours ago
Congress debates sports prediction market regulation
6 min read
Congress will hear testimony July 21 on whether sports prediction markets should be regulated by the Commodity Futures Trading Commission under the Commodity Exchange Act or by state and tribal gaming systems. The debate centers on redefining these contracts as gambling rather than federally regulated financial products.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
