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U.S. CFTC Proposes Ban on Political Event Contracts

The U.S. derivatives regulator approved a proposed rule that punctuates a long-standing legal dispute between the agency and predictive markets platforms.

Chairman Rostin Behnam's U.S. Commodity Futures Trading Commission proposed a rule Friday to ban certain event contracts in the U.S.  (Jesse Hamilton/CoinDesk)
Chairman Rostin Behnam's U.S. Commodity Futures Trading Commission proposed a rule Friday to ban certain event contracts in the U.S. (Jesse Hamilton/CoinDesk)