According to Mars Finance, on December 22, Coinbase CEO Brian Armstrong posted on social media, stating, "Prediction markets fall under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC). Any state that claims prediction markets are not under the CFTC's jurisdiction is preventing Americans from using tools that help them gain an edge and improve their situation."
Coinbase CEO: Prediction markets should be regulated by the US CFTC
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