CFTC issues no-action letter to Bitnomial, allowing US launch of event contracts and prediction markets. Eases reporting for high-volume trades; requires full 1:1 collateralization, no leverage. Signals regulatory nod to blockchain prediction markets. #CFTC #Crypto
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
CFTC issues no-action letter to Bitnomial, allowing US launch of event contracts and prediction markets. Eases reporting for high-volume trades; requires full 1:1 collateralization, no leverage. Signals regulatory nod to blockchain prediction markets. #CFTC #Crypto