Commodity Futures Trading Commission Backs Crypto.com in Nevada Appeal
The Commodity Futures Trading Commission (CFTC) has entered a high-profile court battle over sports-related prediction markets, signaling that it intends to defend its authority against state regulators. Chairman Mike Selig announced Tuesday that the agency filed an amicus brief in the U.S. Court of Appeals for the Ninth Circuit in litigation involving Crypto.com and Nevada gaming authorities. Selig revealed the filing in a video statement on X, describing it as a formal step to assert federal oversight. “Over the past […] The post Commodity Futures Trading Commission Backs Crypto.com in Nevada Appeal appeared first on World Casino News.
The Commodity Futures Trading Commission (CFTC) has entered a high-profile court battle over sports-related prediction markets, signaling that it intends to defend its authority against state regulators. Chairman Mike Selig announced Tuesday that the agency filed an amicus brief in the U.S. Court of Appeals for the Ninth Circuit in litigation involving Crypto.com and Nevada gaming authorities. Selig revealed the filing in a video statement on X, describing it as a formal step to assert federal oversight. “Over the past […]
The post Commodity Futures Trading Commission Backs Crypto.com in Nevada Appeal appeared first on World Casino News.
