Crypto.com Declines CFTC Suspension Request for Sports Contracts
The Commodity Futures Trading Commission (CFTC) is conducting a detailed review of sports contracts introduced by Crypto.com, which launched in December 2024. The contracts, described as cash-settled binary options, allow users to bet on major sports outcomes, such as Super Bowl victories and associated celebrations. Despite the CFTC’s formal request for trading to be paused […]
The Commodity Futures Trading Commission (CFTC) is conducting a detailed review of sports contracts introduced by Crypto.com, which launched in December 2024. The contracts, described as cash-settled binary options, allow users to bet on major sports outcomes, such as Super Bowl victories and associated celebrations. Despite the CFTC’s formal request for trading to be paused […]
