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North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets

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North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets
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The state's budget law leaves oversight of Kalshi and Polymarket to the CFTC and taxes them at 6%, far below what other states are pursuing.

This is a summary. For the full story, read the original article at Decrypt.

Original source: Decrypt

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