Odaily Planet Daily reports that six U.S. Democratic Senators have sent a letter to the Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Michael Selig, requesting clarification on the “categorical prohibition” of any prediction market contracts that are directly related to or highly associated with individual deaths. They state that such products “encourage bodily harm or death” and pose a “dangerous national security risk.” The senators cited several cases, including contracts on Polymarket about whether “Artemis II will explode,” contracts related to the fate of Venezuelan President Maduro, and contracts related to the Russia-Ukraine war. Recently, the CFTC has submitted legal documents to the federal appellate court emphasizing its “exclusive jurisdiction” over the U.S. derivatives market, but has not yet publicly responded to the letter. (CNBC)
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