The post Is Sports Betting on Crypto Platforms Legal? CFTC Investigation Begins appeared first on Coinpedia Fintech News
The Commodity Futures Trading Commission (CFTC) is diving into the world of sports prediction markets on platforms like Crypto.com and Kalshi. This investigation, first reported by Bloomberg, is asking a big question: Should these contracts be classified as “gaming” under the Commodities Exchange Act? The answer could change how sports betting and event-based markets are …
