CFTC Draws the Line Between Prediction Markets and Gambling in New Rules

Crypto Insight Summary: A proposed rule would expressly fold event contracts tied to sports, politics, culture and weather into the “swap” definition, while an interim rule excludes casino-style gambling—sharpening the agency’s claim to exclusive jurisdiction. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Clarifies regulatory boundaries for prediction markets but doesn't directly affect crypto trading.