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Bitcoin & Crypto DEVELOPING

U.S. CFTC moves to fold event contracts into swaps regulations as legal fight rages

Close-up of a digital market analysis display showing Bitcoin and cryptocurrency price trends.
Illustrative photo.Photo by Alesia Kozik on Pexels

What happened

The derivatives regulator is proposing a formal rule to include certain contracts traded on platforms like Kalshi's as swaps that require the agency's oversight.

Sources & evidence