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Crypto.com launched a "sports trading product" that allows US users to place bets on events such as the Super Bowl

Crypto.com has launched a "sports trading product" that allows US users to place bets on sporting events such as the Super Bowl. "Trading in sporting events is a CFTC-regulated derivative trading feature available on Crypto.com apps and Crypto.com websites," the company said in a blog post. "It provides you with a direct'yes/no 'decision based on whether you believe the outcome of a sporting event will occur."