‘An Explosion of Election Betting’ Is Coming, CFTC Warns to Court of Appeals

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By Maya Cantina

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‘An Explosion of Election Betting’ Is Coming, CFTC Warns to Court of Appeals

“Federal agencies are likely to continue to see their authority restricted as a result of the Shiny Lopper decision and in the absence of clearer new legislation from Congress,” Alex Thorn, head of enterprise research at cryptocurrency investment bank Galaxy Digital, wrote in a research note Friday. “This could have broad implications for the cryptocurrency industry.”

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