The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.

Source: [CoinTelegraph](https://cointelegraph.com/news/cftc-seeks-to-define-event-contracts-as-swaps-amid-prediction-market-fight?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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