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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 authority over prediction markets in court, stressing that any product offered within a CFTC-regulated exchange falls under their jurisdiction, regardless of the subject matter. Selig's remarks came on the sidelines of the Digital Assets and Emerging Tech Policy S…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Argues 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 product offered within a CFTC-regulated exchange falls under federal regulation, regardless of the subject matter. The agency's lawsuits against several states aim to clarify its jurisdiction over commodity derivatives markets, bolster…
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 Chairman Mike Selig reaffirmed the agency's commitment to defending its 'exclusive regulatory authority' over prediction markets in court, stating that any product offered within a CFTC-regulated exchange falls under their jurisdiction, regardless of the subject matter. The CFTC's lawsuits against several states aim to establish …
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Asserts Agency's Regulatory Authority Over Prediction Markets
In a statement to 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 clarified that the CFTC's regulatory oversight applies to any valid product offered within a CFTC-regulated exchange, regardless of the subject matter. The agency is currently engaged in laws…
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 continue to assert 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 offered within a CFTC-regulated exchange. The CFTC is currently involved in lawsuits against seve…
April 12, 2026, 6 p.m.
Policy
CFTC Chair Defends Agency's 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 an interview with CoinDesk, Selig emphasized that the agency's regulatory oversight applies to any valid product offered within a CFTC-regulated exchange, regardless of the subject matter. The CFTC is currently engaged in lawsuits a…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Defends Agency's Regulatory Authority 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 in court. Selig emphasized that the type of event being predicted, whether sports or politics, is irrelevant as long as the product is offered through a CFTC-regulated exchange. The CFTC is currently engaged in lawsuits against several stat…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Sole Regulatory Control Over Prediction Markets
CFTC Chairman Mike Selig emphasized that his agency will vigorously defend its exclusive right to regulate prediction markets. He stated, 'Regardless of the subject matter, if a product is lawfully offered within a CFTC-regulated exchange, it falls under our jurisdiction.' This stance is central to the CFTC's lawsuits against several states, aiming to establish federal oversight over commodity de…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Asserts Agency's Exclusive Authority Over Prediction Markets
Commodity Futures Trading Commission Chairman Mike Selig emphasized the agency's commitment to defending its exclusive regulatory authority over prediction markets. In an interview with CoinDesk, Selig stated that the CFTC will continue to assert its oversight of these markets in court, regardless of the subject matter, as long as the product is offered within a CFTC-regulated exchange. The CFTC'…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Sole Regulatory Control Over Prediction Markets
The Commodity Futures Trading Commission will continue to defend its exclusive right to regulate prediction markets, according to Chairman Mike Selig. In an interview with CoinDesk, Selig stated that the agency's regulatory authority applies to all valid products offered within a CFTC-regulated exchange, regardless of the subject matter. The CFTC is currently engaged in lawsuits against several s…
April 12, 2026, 6 p.m.