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Policy
CFTC Chair Asserts Agency's Regulatory Dominance Over Prediction Markets
Commodity Futures Trading Commission (CFTC) Chairman Mike Selig emphasized the agency's commitment to defending its 'exclusive regulatory authority' over prediction markets in court. According to Selig, 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 lawsuits against several…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Advocates for Agency's Regulatory Authority in Prediction Markets Dispute
Commodity Futures Trading Commission Chairman Mike Selig stated that the agency will continue to assert its 'exclusive regulatory authority' over prediction markets in court, emphasizing that the CFTC's jurisdiction applies to all validly offered products within a federally regulated exchange, regardless of the underlying event. The chairman's comments come as the CFTC engages in lawsuits against…
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 continue to assert its 'exclusive regulatory authority' over prediction markets in court, stating that any validly offered product within a CFTC-regulated exchange falls under its jurisdiction, regardless of the subject matter. The CFTC is currently engaged in lawsuits against several states, including Arizon…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
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. According to Selig, regardless of the subject matter, whether it's sports, politics, or other areas, if a product is validly offered within a CFTC-regulated exchange, it falls under the agency's regula…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Sole Regulatory Control 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, emphasizing that any product offered within a CFTC-regulated exchange falls under federal oversight, regardless of the subject matter. Selig's comments come as the CFTC engages in lawsuits against several states to establi…
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 defending its right to oversee prediction markets in court, emphasizing that it has 'exclusive regulatory authority' over these markets. Selig stated, 'Regardless of the subject matter, whether it's sports or politics, if the product is validly offered within a CFTC-regulated exchange, then we have t…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Insists on Agency's Authority to Regulate 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 is irrelevant, stating, 'If it's a validly offered product within a CFTC-regulated exchange, then we regulate that.' The CFTC's lawsuits against several states aim to establi…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
In an interview with CoinDesk, Commodity Futures Trading Commission 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, whether it's sports or politics, if it's a legitimate product offered within a CFTC-regulated exchange, we have jurisdiction over it.' The CFTC is …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Sole 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 their regulation, regardless of the subject matter. The CFTC is currently involved in lawsuits against several states, including Arizona, Illinois, and Connecticut, to …
April 12, 2026, 6 p.m.
Policy
CFTC Chief 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. Selig stated that regardless of the subject matter, whether sports or politics, any product offered within a CFTC-regulated exchange falls under the agency's jurisdiction. The CFTC is currently engaged i…
April 12, 2026, 6 p.m.