As it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review. The U.S. Commodity Futures Trading Commission has submitted regulatory plans to White House review on prediction markets’ event contracts, seeking to formally include them as “swaps” and sever them from ties to gambling. The position could run counter to states’ claims that sports trades on platforms such as Kalshi’s are unregulated gambling, and the CFTC moves could a…
Why this update matters
This developing story is relevant for readers tracking cryptocurrency because it reflects fresh changes from the original source and signals where attention is shifting next.
Key details
The report was collected automatically and prepared for publication with a newsroom workflow that focuses on clarity, search visibility, and quick understanding.
Readers should review the original source for direct statements, official notices, and any later corrections or additions as the story evolves.
Related coverage
Continue reading with more reporting from the same topic cluster.