MLB, CFTC Team Up to Protect Game Integrity
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Major League Baseball (MLB) has taken significant steps to safeguard game integrity by signing key deals with the Commodity Futures Trading Commission (CFTC) and naming Polymarket as its official prediction market exchange. These moves come as prediction platforms face intense scrutiny, with federal lawmakers and state officials eyeing regulations and lawsuits. The CFTC chair is advocating for federal oversight of prediction markets, while MLB hopes this federal pact will protect against state challenges on sports contracts. The regular season begins March 26th, but questions remain about the impact on ongoing state lawsuits.
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