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The Nexus
BUSINESSJul 29 · 08:21 UTCTHE BLOCKTimmy Shen

Coalition of 44 state attorneys general says CFTC lacks authority over sports prediction markets

A coalition of 44 state attorneys general sent a letter to the CFTC, arguing the agency lacks authority over sports prediction markets and urging it to draft new rules consistent with the Commodity Exchange Act.

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