DeFi Intel

Congress weighs its role as fight over sports betting prediction market oversight forges on

A House Agriculture digital assets subcommittee hearing examined whether the CFTC has the authority and resources to police sports betting via prediction markets. Lawmakers noted the CFTC's roughly 550 staff and $410 million fiscal 2027 budget request against the SEC's 4,000 staff and $1.908 billion, with Rep.

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