The CFTC just carved casino sportsbooks out of the definition of a swap.

First reported Oct 16, 2026, 20:20 UTC

Source reports

• The CFTC just carved casino sportsbooks out of the definition of a swap. @renato_mariotti says the prediction market cases aren’t really about the statute: “I think they’re turning on gut feel.” — @CoinDesk (X), Oct 16, 2026, 20:20 UTC

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