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‘An Explosion of Election Gambling’ Is Nigh, CFTC Warns Appeals Court

“It’s likely that federal agencies will continue to see their authority curtailed as a result of the Lopper Bright ruling and in the absence of new, clearer legislation from Congress,” wrote Alex Thorn, head of firmwide research at crypto investment bank Galaxy Digital, in a research note Friday. “This could have wide implications for the crypto industry.”

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