North Carolina: Bill Backs CFTC Prediction Market Authority
North Carolina bill recognizes CFTC federal regulatory authority over prediction markets, clarifying oversight for platforms.
SourceAnalysis
North Carolina advanced a bill that explicitly recognizes the CFTC's federal regulatory authority over prediction markets, tightening state-federal alignment on derivatives-style platforms. The move follows 12 months of state-level clashes with federal oversight and directly impacts prediction markets regulation as volume grows on major exchanges.
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