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Policy
CFTC Chairman Mike Selig Advocates for Agency's Regulatory Oversight in Prediction Markets Dispute
According to Commodity Futures Trading Commission Chairman Mike Selig, the agency will persist in defending its exclusive authority to regulate prediction markets in court. Selig emphasized that the CFTC's regulatory purview encompasses any valid product offered within a CFTC-regulated exchange, irrespective of the subject matter. The CFTC's lawsuits against Arizona, Illinois, and Connecticut aim…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Defends Agency's Authority Over Prediction Markets
According to Commodity Futures Trading Commission Chairman Mike Selig, the agency will persist in its defense of 'exclusive regulatory authority' over prediction markets in court. Selig emphasized that the agency's jurisdiction applies regardless of the subject matter, stating, 'If it's a validly offered product within a CFTC-regulated exchange, then we regulate that.' The CFTC is currently engag…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Sole Regulatory Oversight in Prediction Markets Dispute
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive regulatory jurisdiction over prediction markets in court. Selig stated, 'Regardless of the subject, whether sports, politics, or otherwise, if it's a legitimate product offered within a CFTC-regulated exchange, we have the authority to regulate it.' The CFTC is currently eng…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Defends Agency's Authority Over Prediction Markets
The Commodity Futures Trading Commission (CFTC) will continue to assert its 'exclusive regulatory authority' over prediction markets in court, according to Chairman Mike Selig. In an interview with CoinDesk, Selig emphasized that the agency's jurisdiction applies to all valid products offered within CFTC-regulated exchanges, regardless of the subject matter. The CFTC is currently engaged in lawsu…
April 12, 2026, 6 p.m.
Policy
CFTC Chair Defends 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 federal regulation, regardless of the subject matter. The agency's lawsuits against Arizona, Illinois, and Connecticut aim to establish its authority over commodity deriv…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Argues for Agency's Regulatory Authority in Prediction Markets Dispute
The Commodity Futures Trading Commission will continue to assert its "exclusive regulatory authority" over prediction markets in court, according to Chairman Mike Selig. In an interview with CoinDesk, Selig stated that the agency's regulatory oversight applies to all validly offered products within CFTC-regulated exchanges, regardless of the underlying event. The CFTC is currently engaged in laws…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Defends Agency's Regulatory Authority Over Prediction Markets
The Commodity Futures Trading Commission will persist in its defense of exclusive regulatory authority over prediction markets, according to Chairman Mike Selig. In a statement to CoinDesk, Selig emphasized that the agency's oversight applies to all valid products offered within CFTC-regulated exchanges, regardless of the subject matter. The CFTC is currently engaged in lawsuits against several s…
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 reiterated the agency's commitment to defending its 'exclusive regulatory authority' over prediction markets. Selig stated, 'Regardless of the subject, 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 authority to regul…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Regulatory Supremacy in Prediction Markets Dispute
According to Commodity Futures Trading Commission Chairman Mike Selig, the agency will persist in defending its exclusive regulatory authority over prediction markets in court. Selig emphasized that the CFTC's jurisdiction applies to all valid products offered within a CFTC-regulated exchange, regardless of the subject matter. The agency's lawsuits against Arizona, Illinois, and Connecticut aim t…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Sole Regulatory Control Over Prediction Markets
In a recent statement to CoinDesk, Commodity Futures Trading Commission (CFTC) Chairman Mike Selig underscored the agency's commitment to defending its 'exclusive regulatory authority' over prediction markets. Selig highlighted that any product offered within a CFTC-regulated exchange falls under the agency's jurisdiction, regardless of the subject matter. The CFTC's lawsuits against various stat…
April 12, 2026, 6 p.m.