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US Regulators Investigate Crypto.com Football Futures Trading

US Regulators Investigate Crypto.com Football Futures Trading

Global Cryptocurrency
Release Time:
2025-01-14 17:11:01
0
Crypto.com is under investigation by the Commodity Futures Trading Commission (CFTC) for its new football futures trading contracts. These contracts allow users to bet on the outcomes of major football games, including the Super Bowl, without directly naming NFL teams or games. The CFTC is considering a 90-day review, which could lead to a ban if the contracts are found to violate gaming laws. Despite the ongoing review, the contracts remain available for trading as the CFTC lacks the authority to immediately halt them.
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