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The distinction matters for crypto businesses. The filing shows regulatory work is moving forward, but exchanges and other market participants cannot yet consider it a set of rules they must adhere to. 

The CFTC’s move also comes as other US regulators continue to craft their own crypto policies. The agency and the Securities and Exchange Commission (SEC) jointly issued an interpretation in March on how certain crypto assets would be treated under federal securities laws. 

A lot of bigger questions remain without the CLARITY Act. The bill aimed to establish a federal framework for digital commodities and delineate the roles of the SEC and the CFTC. 

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BGaming has released Johnny vs Chicken, a slot that pulls two recurring characters out of separate franchises and stages a head-to-head between them. The Johnny Cash character, from titles including Johnny Cash Train Heist and Johnny Cash Gold Rush, draws pistols with the lead sheriff from Chicken Rush.

The news here isn’t really about a single Wild West slot. It’s about how BGaming is treating its existing intellectual property. Rather than launching another standalone theme, the studio is connecting characters that already carry their own player recognition, a crossover approach more common to entertainment franchises than to slot catalogs.

The game arrived on September 15, 2026, and forms part of BGaming’s Entertainment line.

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What the president does not acknowledge is that the government relies on revenue from the sector. In just the first seven months of 2026, BRL8.747 billion generated by sports betting has already flowed into public coffers. The Federal Revenue Service estimates the total could reach BRL16 billion by the end of the year. In 2025, nearly BRL9 billion was collected from sportsbooks.

The burning question is where such funds will come from if Lula shuts down the betting industry. Yet, no one points out to him that players will simply migrate to the illegal market. Betting will continue to exist, but without formal tax revenue, oversight or player protections.

It will be up to the government to effectively curb the illegal market so the regulated sector continues to generate taxes and jobs while upholding responsible gambling practices. By riding the wave of criticism against betting companies, the government is diverting attention from the true cause of household indebtedness.