Crypto.com has refused to take down its sports contract trading on CFTC demand. The market regulator noted it needed time to review the product’s compliance status in the US. Prediction markets ...

According to a recent Bloomberg report, the CFTC has asked the crypto exchange to put all trading of sports-related contracts on hold as the commission members aim to conduct a review on whether the ...

The U.S. Commodity Futures Trading Commission (CFTC) announced on Tuesday it will start a review of two sports event contracts that Crypto.com self-certified and submitted to the regulator on Dec. 19.

The Commodity Futures Trading Commission put Super Bowl and other sports-related derivatives contracts traded on Crypto.com’s exchange under review to determine whether they meet legal standards.

The contracts, tied to the Super Bowl, face scrutiny amid rising concerns about prediction markets. The CFTC may extend its review before the February Super Bowl, possibly leading to a ban. promo ...

While Coinbase assured its users that no immediate action was required on their part, it also made it clear that it might have to comply with the CFTC’s demand unless a legal intervention was made ...

The CFTC are voting on whether Crypto.com futures contracts, that let investors bet on who will win major football games including the Super Bowl, should be subject to a 90-day review. According to a ...

The firm followed the legal procedures for alerting the CFTC on Dec. 19 of its plans to start trading two days before Christmas. But the agency didn’t have time to review the contracts when they ...

The Commodity Futures Trading Commission (CFTC) is reviewing derivatives contracts related to the Super Bowl and other sports events traded on Crypto.com to ensure they comply with legal standards.

A Crypto.com spokesperson said the company rejected the CFTC’s request to suspend trading, and said it’s disappointing that the agency didn’t defer the matter to the incoming leadership of ...

The firm followed the legal procedures for alerting the CFTC on Dec. 19 of its plans to start trading two days before Christmas. But the agency didn’t have time to review the contracts when they were ...

Federal regulators are deciding whether to probe the legality of trading in Crypto.com futures contracts that let investors bet on who will win major football games including the Super Bowl.