Hyperliquid Policy Center and Multicoin Capital Support CFTC Prediction Market Framework

According to Foresight News, Hyperliquid Policy Center (HPC) and Multicoin Capital jointly submitted a comment letter supporting the U.S. Commodity Futures Trading Commission's (CFTC) proposed regulatory framework for prediction markets. The letter outlines three key positions: clear rules are preferable to regulatory uncertainty; prediction markets should be regulated federally rather than by state gambling laws, as exchange contracts differ structurally from bookmaker betting; and the CFTC should adopt a "involves" standard based on settlement outcomes, provide more examples, and publicly justify approval or denial decisions for all reviewed contracts.
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GreenMossvip
· 4h ago
Get on board now! 🚗
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