The US Commodity Futures Trading Committee (CFTC) has pushed again for contracts the Super Bowl event launched by The Excination Crypto.com and the Kalshi retail market.
Retail trading giant Declare On Monday, I planned to put a Super Bowl prediction market to Kalshi.
Company He walked This announcement the next day, noting that CFTC asked the company “does not allow customers to access sports events.
Robenol explains,
“While we continue to work with CFTC to understand their fears, we suspend the professional football championship market offer. We have moved this product to about 1 % of our customers, and for those who have already placed deals, we plan to provide the option to close their sites or take them to a solution.
We are disappointed with this result, especially given that we were in regular contact with CFTC about our intention and planning to present this product. We have also taken steps to defend balanced organization in futures and derivatives markets, including direct participation in a CFTC round table, offering written notes to CFTC, and defending the economic benefits of events in general.
Robinhood derivatives will continue to cooperate with CFTC, where we are working to launch the most comprehensive juvenile contract platform later this year. “
CFTC also Declare Last month, he was looking Commodity.
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