⚖️ Prediction Markets May Come Under SEC Watch
The SEC could soon take a closer look at prediction markets.
SEC Chair Paul Atkins said the agency might widen control over this fast-growing space, especially as activity rises around BTC and other crypto coins.
He told the Senate Banking Committee that some of these products could be treated like stocks if they are built like investment contracts.
Right now, most prediction markets are mainly overseen by the CFTC and often follow their own platform rules.
More rules could be coming.
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