Wu Blockchain has learned that on October 9, the U.S. Commodity Futures Trading Commission (CFTC) issued an interim final rule clarifying that traditional gambling products like sports betting platforms and casino games are not considered “swaps” and therefore fall outside the scope of CFTC derivatives regulation. This rule will take effect immediately after being published in the Federal Register. On the same day, the CFTC proposed another rule aiming to define contracts related to sports, politics, culture, and weather events as “swaps,” establishing exclusive regulatory authority over such derivatives. Both rules include a 30-day public comment period starting from the date of publication in the Federal Register. https://(wublock123.com)/news/cftc-regulatory-boundary-traditional-gambling-not-swaps-predictive-market-contracts-regulated-69823