a16z Crypto proposes five regulatory recommendations for prediction markets, suggesting the framework should not be overly conservative and advocating for unified regulation by the CFTC

ChainCatcher reported that Miles Jennings, Head of Policy and General Counsel at a16z Crypto, and others published an article titled "Getting prediction market regulation right," pointing out that the U.S. Commodity Futures Trading Commission (CFTC) is advancing reforms to the regulatory framework for prediction markets at a critical time, as prediction markets are transitioning from niche products to important infrastructure.