Comment for Proposed Rule 89 FR 48968
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From:
Jess Cox
Organization(s):
Comment No:
74329
Date:
8/7/2024
Comment Text:
The CFTC should focus it's attention on crypto regulation, specifically the lack there of.
I haven't heard of any prediction market shutting down and defrauding their customers.
The limited amount that can be put down per person per contract completely addresses a perceived concern that a prediction market could be used to launder money. Which, coincidentally, is the only thing crypto is actually used for.
