๐ Coinbase Alert: The U.S. Commodity Futures Trading Commission (CFTC) is requesting data from Coinbase regarding interactions with prediction market firm Polymarket. This comes amidst ongoing legal battles between the CFTC and prediction markets.
- Coinbase has informed customers about potential data sharing, emphasizing careful review of government requests.
- The CFTC's legal struggles include a recent appeal after losing a case against prediction firm Kalshi.
- Leadership changes at the CFTC are expected with the upcoming presidential transition.
What are your thoughts on the CFTC's actions? Share in the comments! ๐ฌ