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Coinbase Challenges CFTC Proposal, Calls for Balanced Regulation of Event Contracts
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Coinbase Challenges CFTC Proposal, Calls for Balanced Regulation of Event Contracts

Coinbase Challenges CFTC Proposal, Calls for Balanced Regulation of Event ContractsCoinbase Chief Legal Officer Paul Grewal has taken to social media to voice his concerns about proposed regulations from the Commodity Futures Trading Commission (CFTC) that would ban certain event contracts. Coinbase has also formally responded to the proposal, calling on the CFTC to reconsider its stance, which the company says could stifle innovation in prediction markets. Coinbase is urging the CFTC (…)