SF politics
fromReadWrite
1 day agoCFTC hearing puts prediction markets under pressure
CFTC faces challenges distinguishing prediction markets from sportsbooks amid concerns over market integrity and consumer protection.
"I'm in favor of not having any rules against insider trading. I would like all the information out there as soon as it's available. Because look, as a society, we are better off knowing as soon as possible anything that is knowable."
David Woodcock's appointment as the Director of the SEC's Division of Enforcement marks a significant transition, with a focus on protecting investors and enhancing market integrity.
Atkins underscored that public blockchains are "more transparent than any legacy financial system ever built," with every transaction recorded on a ledger accessible to anyone. Atkins also said that chain analytics firms are already adept at linking on-chain activity to off-chain identities.