The US CFTC has released a draft of new rules for prediction markets, proposing to restrict contracts related to events such as war and terrorism.
CoinFeed reported on June 10 that the U.S. Commodity Futures Trading Commission (CFTC) released a 267-page draft of new rules for prediction markets, aiming to clarify which event contracts can be traded at the federal level. The draft generally supports sports betting contracts, arguing that such contracts generally do not pose a "public interest" risk, but proposes to restrict betting on events related to terrorist attacks, assassinations, and war. The document distinguishes between "terrorism"-related contracts and general policy events through case studies; for example, betting on "an attack by ISIS in a certain location resulting in 10 or more deaths" would be considered terrorism, while predictions of traffic safety regulatory measures are not included.