CFTC signs MOU with National Hockey League over prediction markets
CoinTelegraph·
60-second summary
The Commodity Futures Trading Commission (CFTC) is signing a Memorandum of Understanding (MOU) with the National Hockey League to regulate prediction markets, following a similar agreement with Major League Baseball in March. The CFTC is also pursuing lawsuits against state authorities targeting prediction market platforms over sports betting.
The financial regulator signed a similar agreement with Major League Baseball in March and continues to file lawsuits against state-level authorities going after prediction market platforms over sports betting.