Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.
source https://www.coindesk.com/markets/2024/08/12/dragonfly-cryptocom-weigh-in-on-cftcs-proposed-prediction-market-rules/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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Unpacking the DOJ's Crypto Enforcement Memo
Earlier this month, the Department of Justice disbanded its National Cryptocurrency Enforcement Team and said it would no longer pursue what...
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