๐ Gemini to the rescue! In a recent letter to the CFTC, Gemini urged regulators to retract a proposed rule that would ban all event contracts on decentralized prediction markets. Cameron Winklevoss emphasized the importance of platforms like Polymarket for their transparency and public utility.
Coinbase chimed in too, highlighting the public benefits of prediction markets and calling for a balanced approach.
What do you think? Should the CFTC reconsider? Drop your thoughts below! ๐๐ฎ #DeFi #Web3 #Crypto