Senators Want The CFTC To Kill Polymarket's Most Controversial Bets On Death, War, Terror - Coinbase Global (NASDAQ:COIN), DraftKings (NASDAQ:DKNG)

Six Democratic senators are demanding CFTC Chairman Michael Selig ban prediction market contracts that resolve on someone dying, a city being captured or a NASA rocket exploding.The letter, led by Sen. Adam Schiff (D-Calif.), goes further than just the three examples. The senators are asking the CFTC to reiterate that contracts involving gaming, sports, war, terrorism, assassination or similar activities are barred from being listed, traded or cleared under the Commodity Exchange Act. They also want CFTC Ch ...