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Bitcoin.com 2024-08-06 17:17:41

US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise

A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely, as Polymarket, a blockchain-based platform for real-time prediction markets, has gained traction with

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