U.S. CFTC secures deal with National Hockey League on prediction market safeguards
CoinDesk·
60-second summary
The U.S. CFTC is securing a deal with the National Hockey League to implement safeguards on prediction markets. This follows a similar agreement with Major League Baseball. The arrangement aims to prevent market manipulation and ensure fair play. The CFTC is taking proactive steps to regulate emerging markets, bolstering investor confidence in the process.
A new arrangement has been set between the derivatives regulator and professional hockey, following on the heels of a similar baseball agreement.