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US Senators Target Wildfire Bets in New CFTC Rule Fight

Nine U.S. senators are asking the Commodity Futures Trading Commission to prohibit contracts tied to wildfire duration, growth and destruction, warning that state and local fire officials see a risk of arson. Polymarket responded, saying the removal would only make timely information harder to reach.   Democratic Senators Want Wildfire Prediction Contracts Banned Over Arson…

US Senators Target Wildfire Bets in New CFTC Rule FightNine U.S. senators are asking the Commodity Futures Trading Commission to prohibit contracts tied to wildfire duration, growth and destruction, warning that state and local fire officials see a risk of arson. Polymarket responded, saying the removal would only make timely information harder to reach.   Democratic Senators Want Wildfire Prediction Contracts Banned Over Arson […]

Source: https://news.bitcoin.com/igaming/us-senators-target-wildfire-bets-in-new-cftc-rule-fight/