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Policy
CFTC Chairman Defends Agency's Regulatory Authority 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, regardless of the subject matter. The CFTC's lawsuits against several states are aimed a…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Mike Selig Defends Agency's Exclusive Oversight of Prediction Markets
Commodity Futures Trading Commission Chairman Mike Selig stated that the agency will continue to assert its exclusive regulatory authority over prediction markets in ongoing court cases. According to Selig, the agency's jurisdiction applies to any valid product offered within a CFTC-regulated exchange, regardless of the subject matter. The CFTC's lawsuits against several states, including Arizona…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Advocates for Agency's Regulatory Authority in Prediction Markets Dispute
CFTC Chairman Mike Selig stated that the agency will continue to assert its 'exclusive regulatory authority' over prediction markets in court, emphasizing that any valid product offered within a CFTC-regulated exchange falls under federal jurisdiction, regardless of the subject matter. The agency's lawsuits against Arizona, Illinois, and Connecticut aim to establish the CFTC's regulatory authorit…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Regulatory Dominance 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. 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 regulatory oversight.' The CFTC is currently engaged in litigati…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
CFTC Chairman Mike Selig stated that the agency will persist in defending its exclusive regulatory authority over prediction markets in court, emphasizing that any product offered within a CFTC-regulated exchange falls under federal regulation, regardless of the subject matter. Selig's remarks came on the sidelines of the Digital Assets and Emerging Tech Policy Summit, where he asserted that the …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates 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 sole regulatory authority over prediction markets in court. Selig emphasized that the CFTC's jurisdiction applies to all prediction markets, regardless of the subject matter, as long as they are offered within a CFTC-regulated exchange. The CFTC's lawsuits against several states are int…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Defends Agency's Regulatory Authority Over Prediction Markets
The Commodity Futures Trading Commission (CFTC) 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 is not limited by the type of event being predicted, whether it be sports or politics, as long as the product is offered within a CFTC-regulated exchang…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Regulatory Supremacy Over Prediction Markets
According to Commodity Futures Trading Commission Chairman Mike Selig, the agency will persist in defending its right to regulate prediction markets. Selig stated, 'Regardless of the subject, whether sports or politics, if a product is validly offered on a CFTC-regulated exchange, it falls under our regulatory purview.' The CFTC is currently engaged in lawsuits against several states to solidify …
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Advocates for Agency's Regulatory Authority Over Prediction Markets
In an interview with CoinDesk, Commodity Futures Trading Commission Chairman Mike Selig emphasized the agency's commitment to defending its 'exclusive regulatory authority' over prediction markets in court. Selig stated, 'Regardless of the subject matter, whether it's sports, politics, or otherwise, if a product is offered within a CFTC-regulated exchange, it falls under our regulatory purview.' …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues 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 regulatory authority over prediction markets in court. According to Selig, the agency's jurisdiction applies to any valid product offered within a CFTC-regulated exchange, regardless of whether it pertains to sports, politics, or other areas. The CFTC's lawsuits against seve…
April 12, 2026, 6 p.m.