According to CNBC, six Democratic senators have written to CFTC Chairman Michael Selig, strongly opposing the launch of prediction market contracts that incentivize bodily harm or death, citing serious national security risks. The letter urges the CFTC to explicitly reaffirm its stance to "absolutely prohibit" any contracts based on or closely related to individual death; it also notes that the CFTC has already explicitly banned contracts involving terrorism, assassination, war, and other related topics.
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According to CNBC, six Democratic senators have written to CFTC Chairman Michael Selig, strongly opposing the launch of prediction market contracts that incentivize bodily harm or death, citing serious national security risks. The letter urges the CFTC to explicitly reaffirm its stance to "absolutely prohibit" any contracts based on or closely related to individual death; it also notes that the CFTC has already explicitly banned contracts involving terrorism, assassination, war, and other related topics.