CFTC Proposes Explicit Swap Status for Event Contracts
The agency says existing exchange and trader duties would stay intact, while a separate rule excludes qualifying casino-style wagers.
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The agency says existing exchange and trader duties would stay intact, while a separate rule excludes qualifying casino-style wagers.
The agency bypassed a proposal, citing threats to prediction markets, but says the measure changes no existing compliance obligations.
The New York settlement ties the money to federal forfeiture and prison-sentence conditions, adding to existing FTC and CFTC restrictions.
Holders can request fiat or USDT as the project prepares to retire its tokens, but the shutdown documents leave the gold reserves’ disposition unspecified.