During a Senate Banking Committee hearing, a prediction market developer's response to lawmakers caught attention: 'Senator, a game is a game.' The statement reflects ongoing tension between regulators and the crypto industry over how prediction markets should be classified and regulated. As these platforms gain traction for their speculative trading features, policymakers are increasingly scrutinizing whether they should fall under gambling regulations or be treated as financial instruments. The developer's casual yet pointed remark underscores the fundamental disagreement about the nature of such platforms—highlighting a key debate that will likely shape future regulatory frameworks for emerging Web3 applications.
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SelfCustodyIssues
· 22h ago
Is the prediction market a game or a financial instrument? This guy's response was amazing, directly stumping the regulatory authorities.
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ParallelChainMaxi
· 01-11 04:55
game is just game, the regulators are still playing word games over there
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BlockTalk
· 01-11 04:53
Wow, "game is a game," this guy really dares to say that, how dark must the politician's face be
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LiquidityWizard
· 01-11 04:52
A game is a game, haha this guy really dares to say it
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GateUser-9f682d4c
· 01-11 04:47
Game is just game; regulators can't change its essence by turning it into a financial instrument.
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ContractCollector
· 01-11 04:46
Wow, this guy really dares to say it, directly telling the politician "game is a game," I respect that.
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ExpectationFarmer
· 01-11 04:44
Well, there's nothing wrong with that statement. A game is a game; why play word games?
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ShitcoinArbitrageur
· 01-11 04:41
game is game, so winning right from the start haha
During a Senate Banking Committee hearing, a prediction market developer's response to lawmakers caught attention: 'Senator, a game is a game.' The statement reflects ongoing tension between regulators and the crypto industry over how prediction markets should be classified and regulated. As these platforms gain traction for their speculative trading features, policymakers are increasingly scrutinizing whether they should fall under gambling regulations or be treated as financial instruments. The developer's casual yet pointed remark underscores the fundamental disagreement about the nature of such platforms—highlighting a key debate that will likely shape future regulatory frameworks for emerging Web3 applications.