The US Commodity Futures Trading Commission plans to include sports and political event contracts in the definition of swaps

[U.S. Commodity Futures Trading Commission Proposes Including Event Contracts Under Derivatives Regulation] The U.S. Commodity Futures Trading Commission (CFTC) has issued an interim final rule and proposal to include event contracts in areas such as sports, politics, culture, and weather under swap-related trading regulation. The rule, spearheaded by Chairman Mike Selig, explicitly brings contracts traded on platforms like Polymarket and Kalshi under regulatory oversight, while excluding casino-style gambling. The interim final rule takes immediate effect and is open for public comment, with a 30-day comment period for the comprehensive proposal. (Source: U.S. Commodity Futures Trading Commission)

Ukrainian President Zelensky criticized US President Trump's decision to lift sanctions on Russian diesel imports, calling it a birthday gift for Putin and calling it a weak decision. （Watcher.Guru）

Evernorth, supported by Ripple, has completed its SPAC merger with Armada Acquisition Corp. II, with 473 million XRP and $300 million in cash entering the public market. Evernorth will trade on NASDAQ next Monday under the code XRPN, and the merger was completed on October 9th Eastern Time (Source: The Block)

The US Commodity Futures Trading Commission has issued a proposed rule to include contracts based on sports, political, cultural, and weather events in the definition of swaps. Chairman Michael Selig stated that these products belong to commodity derivatives under the Commodity Exchange Act and are under the exclusive jurisdiction of the US Commodity Futures Trading Commission. The proposal is open for public opinion for 30 days. The US Commodity Futures Trading Commission issued a temporary final rule on the same day, clarifying that casino gambling products such as sports betting and casino games are not considered swaps. (Source: US Commodity Futures Trading Commission)

Peter Schiff questioned US President Trump's Russian diesel deal, which came just three weeks after he signed a law imposing up to 100% tariffs on Russian oil and gas buyers.