CFTC Examines Crypto.com Super Bowl Contracts Amid Legal Concerns

Reported about 7 hours ago

The Commodity Futures Trading Commission (CFTC) is reviewing Super Bowl and sports-related derivative contracts traded on Crypto.com to assess their compliance with legal standards. The agency has requested a pause in trading while it evaluates the contracts for potential violations of gaming regulations, a decision that may lead to a permanent trading ban. Despite the CFTC's request, Crypto.com has chosen to continue its trading activities and plans to work collaboratively with regulators.

Source: YAHOO

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