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Policy
CFTC Chief Advocates for Agency's Sole Regulatory Control in Prediction Markets Dispute
Commodity Futures Trading Commission (CFTC) Chairman Mike Selig emphasized that the agency will continue to assert its exclusive regulatory authority over prediction markets in court. Selig stated, 'Regardless of the subject matter, whether it's sports, politics, or any other topic, if it's a valid product offered within a CFTC-regulated exchange, then we have the regulatory oversight.' The CFTC …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
Chairman of the Commodity Futures Trading Commission, Mike Selig, emphasized that the agency will persist in defending its exclusive regulatory authority over prediction markets in court. Selig stated, 'Regardless of the subject, whether sports, politics, or otherwise, if it's a valid product offered within a CFTC-regulated exchange, we have the regulatory oversight.' The CFTC is currently engage…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Asserts Agency's Regulatory Authority Over Prediction Markets
CFTC Chairman Mike Selig emphasized that the agency will continue to defend its exclusive regulatory authority over prediction markets in court, stating that any valid product offered within a CFTC-regulated exchange falls under federal regulation, regardless of the subject matter. The CFTC's lawsuits against several states aim to establish its authority over commodity derivatives markets. Selig …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Sole Regulatory Power in Prediction Markets Dispute
Commodity Futures Trading Commission Chairman Mike Selig stated that the agency will persist in defending its exclusive right to regulate prediction markets. Selig noted that the CFTC's authority applies regardless of the subject of the prediction, be it sports or politics, as long as the product is offered within a CFTC-regulated exchange. The chairman's comments come as the CFTC engages in laws…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Sole Regulatory Power Over Prediction Markets
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive right to regulate prediction markets. According to Selig, the agency's regulatory authority applies to any product offered within a CFTC-regulated exchange, regardless of the subject matter. The CFTC is currently engaged in lawsuits against several states, including Arizona,…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Sole Regulatory Control Over Prediction Markets
In an interview with CoinDesk, Commodity Futures Trading Commission (CFTC) Chairman Mike Selig underscored the agency's commitment to defending its exclusive regulatory authority over prediction markets. Selig emphasized that regardless of the subject matter, whether sports, politics, or other areas, if a product is validly offered within a CFTC-regulated exchange, it falls under the agency's reg…
April 12, 2026, 6 p.m.
Policy
CFTC Chair Defends Agency's Authority Over Prediction Markets
The Commodity Futures Trading Commission will continue to assert its exclusive authority to regulate prediction markets, according to Chairman Mike Selig. In an interview with CoinDesk, Selig emphasized that the agency's regulatory oversight applies to all valid products offered within CFTC-regulated exchanges, regardless of the underlying event. The CFTC is currently engaged in lawsuits against …
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Selig Advocates for Agency's Regulatory Authority Over Prediction Markets
CFTC Chairman Mike Selig emphasized that the agency will continue to assert its 'exclusive regulatory authority' over prediction markets in court, stating that any valid product offered within a CFTC-regulated exchange falls under the agency's jurisdiction, regardless of the subject matter. Speaking at the Digital Assets and Emerging Tech Policy Summit, Selig underscored the CFTC's position that …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Sole Regulatory Control Over Prediction Markets
The Commodity Futures Trading Commission will persist in defending its exclusive right to regulate prediction markets, according to Chairman Mike Selig. In an interview with CoinDesk, Selig emphasized that the agency's regulatory authority applies to all valid products offered within CFTC-regulated exchanges, irrespective of the subject matter. The CFTC is currently engaged in lawsuits against se…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Asserts Agency's Sole Regulatory Authority Over Prediction Markets
Commodity Futures Trading Commission (CFTC) Chairman Mike Selig emphasized that the agency will persist in defending its exclusive right to regulate prediction markets through the courts. Selig stated, 'Regardless of the subject, whether sports, politics, or otherwise, if a product is validly offered within a CFTC-regulated exchange, it falls under our regulatory purview.' The CFTC is currently e…
April 12, 2026, 6 p.m.