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Policy
CFTC Chairman Defends Agency's Authority Over Prediction Markets
Commodity Futures Trading Commission 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 its jurisdiction. Selig made these comments on the sidelines of the Digital Assets and Emerging Tech Policy Summit, where he clarified t…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive regulatory authority over prediction markets in court. According to Selig, the agency's regulatory purview encompasses any product offered within a CFTC-regulated exchange, regardless of the underlying event. The CFTC's lawsuits against Arizona, Illinois, and Connecticut aim…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Defends Agency's Regulatory Authority Over Prediction Markets
Commodity Futures Trading Commission 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. The CFTC is currently engaged in lawsuits against several states, including A…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Sole Authority Over Prediction Markets
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 type of event being predicted, whether sports or politics, is irrelevant as long as the product is validly offered within a CFTC-regulated exchange. The agency's lawsuits against Arizona, Illinois…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Sole Regulatory Power in Prediction Markets Dispute
In an interview with CoinDesk, Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive regulatory authority over prediction markets in court. Selig stated, 'Regardless of whether it's related to sports, politics, or any other topic, if a product is validly offered within a CFTC-regulated exchange, then it falls under our jurisdic…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Sole Regulatory Control Over Prediction Markets
The Commodity Futures Trading Commission (CFTC) will continue to assert its 'exclusive regulatory authority' over prediction markets in court, as stated by Chairman Mike Selig in an interview with CoinDesk. Selig emphasized that the CFTC's regulatory oversight applies to all prediction markets, regardless of the subject, as long as they are offered within a CFTC-regulated exchange. The CFTC's law…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Sole Authority 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 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 engaged …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Regulatory Supremacy in Prediction Markets Dispute
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive authority to oversee 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 the agency's regulatory sup…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Exclusive Oversight of Prediction Markets
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 emphasized that the agency's jurisdiction applies to all valid products offered within CFTC-regulated exchanges, regardless of the subject matter. The CFTC's lawsuits against Arizona, Illinois…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Sole Regulatory Control Over Prediction Markets
According to Commodity Futures Trading Commission Chairman Mike Selig, the agency will persist in defending its exclusive right to regulate prediction markets through the courts. Selig emphasized that the type of event being predicted is irrelevant, stating, "If it's a valid product offered within a CFTC-regulated exchange, then we have the authority to regulate it." The CFTC is currently involve…
April 12, 2026, 6 p.m.