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Former Rep. George Santos (R-N.Y.) has agreed to pay $35,000 to settle with the Commodity Futures Trading commission (CFTC) over wagers he placed on the State …
The CFTC asked a court to stop New York enforcing against the prediction market the day before the state filed.
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.
The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.
Fanatics has acquired a CFTC-registered prediction market exchange, marking its entry into the gambling sector to capitalize on the growing popularity of onlin…





























