November 23, 2024

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US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise

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US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise
US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s RiseA group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with […]