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CFTC seeks to define event contracts as swaps amid prediction market fight

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TLDR — The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.

Signal data─ Neutralconfidence 50%Low materiality
AssetEventregulationEvent timeAttention0 readers/hrNormalSmart readers0

The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.

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