Crypto

NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks

Summary

The National Basketball Association has aligned with other professional sports leagues by engaging with the United States derivatives regulator regarding prediction markets. Meanwhile, the National Football League has chosen not to participate in this emerging trend. The federal agency has actively supported the introduction of prediction market platforms.

The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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