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CFTC withdraws Biden-era proposal to ban sports and political prediction markets

Crypto News: Bitcoin, Ethereum & XRP News | crypto.news [Unoffi… February 5, 2026
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A proposal to ban sports and political prediction markets issued under the Biden administration has been formally withdrawn by the Commodity Futures Trading Commission. According to a Feb. 4 statement from CFTC Chair Michael Selig, the 2024 proposal reflected what…

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