Home Crypto Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

Coinbase Takes Aim at CFTC's Definition of 'Gaming' in Proposed Prediction Market Rules

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“If adopted, the rule would capture contracts as “gaming” that by any common understanding are not, in fact, gaming,” Coinbase wrote, arguing that this is inconsistent with “legislative history related to gaming, neither of which suggest that gaming should extend beyond sporting events”.

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