Prediction Market Cases Await Supreme Court Decision on Review
Several amicus briefs and two regulatory measures have emerged as the U.S. Supreme Court has yet to signal whether it will hear prediction market cases.
The U.S. Supreme Court has not indicated whether it will agree to hear cases involving prediction markets, according to CoinDesk.
Several amicus briefs have been submitted in connection with the legal debate. Such filings allow parties outside a case to offer arguments for a court to consider.
The developments also include an interim final rule and a proposed rule. Whether the Supreme Court will take up the cases remains unresolved.
Source: CoinDesk
