CFTC proposes classifying event contracts as swaps, excludes casino-style gambling

The CFTC proposed classifying event contracts as swaps and excluded casino-style gambling, including sportsbook wagers, from that definition.

Steven M. Crimmins

Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.