Study Finds $34B Traded on Banned Offshore Prediction Markets
According to a study by the Coalition for Prediction Markets (CPM), illegal offshore yes/no exchanges handled up to $34 billion in event contract trading volume from US users.
Coalition for Prediction Markets
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Coalition for Prediction Markets Addresses CFTC on Swaps Definition
The Coalition for Prediction Markets said the definition of swaps is “certainly broad enough” to include sports in its response to the Commodity Futures Trading Commission.