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NCAA urges CFTC to pause college sports prediction markets
📰 sources⭐ 9.0
TL;DR:
The group says contracts mirror sports betting but lack safeguards, warning transfer portal markets could pose “catastrophic” risks to student athletes.
Key Points:
Background:
Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.
Why It Matters:
This development contributes to the ongoing evolution of the cryptocurrency ecosystem and may influence market trends.