PANews reported on September 18 that according to The Block, Rostin Behnam, chairman of the U.S. Commodity Futures Trading Commission (CFTC), warned that election-related contracts could pose risks and said the CFTC is closely monitoring activities in offshore prediction markets. At an event at Georgetown University, Behnam pointed out that regulating election contracts could have a negative impact on the integrity of politics and elections, emphasizing that the CFTC should not be involved in regulating elections. The CFTC has been monitoring offshore markets such as Polymarket and will take enforcement action if they violate the law.
U.S. CFTC chairman warns of risks from political election-related contracts
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