Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn’t buying it, and in a new complaint …
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suing
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Markets
U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
by shayaanby shayaanThe federal regulator has been suing states that seek to curtail prediction markets activity and claim it should be deemed state-regulated gaming. …
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Andreessen Horowitz’s blockchain arm, A16z Crypto, has criticized the US Internal Revenue Service (IRS) and the Treasury Department over their new DeFi …