📰 【Coinbase says the prediction market is maturing, and the CFTC doesn’t need new authorization】



Coinbase says prediction markets should be regulated by the CFTC, and believes that event-based contracts already comply with federal derivatives laws. The company laid out four points in its comment letter and public article. Key points: Coinbase urges CF...

What the hell! Coinbase and these big-eyed fellows are starting to back the prediction markets? Saying the current regulation is enough and no new rules are needed? WDNMD, isn’t it obvious they’re afraid the CFTC will introduce new regulations and cut off their money-making channels? $BTC
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