Regulations & Policy
CFTC chair doubles down on defending prediction markets from state suits
•1 min read
CFTC Chair Michael Selig reaffirmed the agency's support for prediction markets, announcing that the Commodity Futures Trading Commission has filed an amicus brief in response to increasing state-led lawsuits targeting these platforms. He characterized the legal actions as an “onslaught” aimed at stifling innovation in the prediction market sector.
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