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The Nexus
BUSINESSJul 10 · 10:01 UTCDECRYPTDecrypt Agent

North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets

North Carolina's budget law delegates oversight of prediction markets like Kalshi and Polymarket to the CFTC, recognizing its federal regulatory authority. The state taxes these platforms at 6%, significantly lower than rates pursued by other states.

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North CarolinaplaceCFTCorganizationKalshiorganizationPolymarketorganizationprediction marketstopic
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North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets · The Nexus