BitcoinWorld U.S. Senators Push CFTC to Prohibit Wildfire Prediction Market Contracts Nine Democratic U.S. senators have formally urged the Commodity Futures Trading Commission (CFTC) to ban prediction market contracts tied to wildfire occurrences, according to a report by Decrypt. In a letter addressed to CFTC Chairman Michael Selig, the lawmakers, led by Senator Jeff Merkley (D-Ore.), expressed concerns that such contracts could incentivize arson, facilitate insider […] This post U.S. Senators Push CFTC to Prohibit Wildfire Prediction Market Contracts first appeared on BitcoinWorld.