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Comment for Proposed Rule 89 FR 48968

  • 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.

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