Coinbase takes on CFTC over ‘Gaming’ rules

Coinbase has raised its objection to the US Commodity Futures Trading Commission’s (CFTC) proposed rules for prediction markets. The largest crypto exchange in the United States argues that the regulations exceed the commission’s statutory authority. Coinbase’s Chief Legal Officer, Paul Grewal, suggests that the proposal could statutorily ban certain types of event contracts by adopting

Source: Cryptopolitan