Inside The Billion-Dollar Battle To Tax Your Predictions
When you take a position on the next Oscar winner for Best Actor or the Super Bowl MVP, who sets the rules and governs the contract? Prediction markets, also known as outcome markets, are regulated by the U.S. Commodity Futures Trading Comm
Republican Ledger staff · 7:05 AM ET
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When you take a position on the next Oscar winner for Best Actor or the Super Bowl MVP, who sets the rules and governs the contract? Prediction markets, also known as outcome markets, are regulated by the U.S. Commodity Futures Trading Commission (CFTC), which oversees commodity futures and “swaps” markets at the federal level.
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