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cftc-oversight

2 stories related to this topic, newest first.

Fellow Says Clarity Act Would Expand CFTC Mandate Without Added ResourcesCoinDesk
finance2 hrs agoDeveloping

Fellow Says Clarity Act Would Expand CFTC Mandate Without Added Resources

A Brookings fellow stated that legislation expanding the Commodity Futures Trading Commission’s authority over digital assets would require more staff, funding, and expertise. He noted the agency was originally designed for commodity futures markets and warned that new powers wit…

CoinDesk
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Gaming Group Says Prediction Markets Cost States $1 Billion in Tax RevenueBenzinga
finance1 day ago

Gaming Group Says Prediction Markets Cost States $1 Billion in Tax Revenue

The American Gaming Association estimates states and tribes have lost over $1 billion in tax revenue to prediction market platforms. Association president and CEO Bill Miller said the platforms function as unregulated sports betting and called the CFTC a rogue agency.

cnbc.com
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Benzinga
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