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White House weighs new CFTC event contract rules in growing prediction market power struggle
Published Source: The BlockRead original
Crypto Insight Summary: The White House is weighing two proposed rules from the CFTC tied to prediction markets as the agency seeks to assert its jurisdiction. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory developments may cause short-term uncertainty but lack immediate market-moving power.