CFTC Discusses Possible Crackdown On Blockchain Powered Prediction Markets
Commodities Futures Trading Commission (CFTC) Commissioner Brian Quintez made a speech that was largely about blockchain smart contracts on 16 October 2018. Quintez concludes that prediction markets powered by blockchain smart contracts, such as Augur which is the #52 cryptocurrency with a market cap of USD 139 million, are under CFTC jurisdiction and can be classified as binary options.
Read the full article at https://bitcoinnews.com/cftc-discusses-possible-crackdown-on-blockchain-powered-prediction-markets/
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