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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 right to regulate prediction markets in court. Selig stated, 'Regardless of the subject, whether it's sports, politics, or anything else, if it's a legitimate product offered within a CFTC-regulated exchange, we have the authority to regulate it.' The CFTC is currently involve…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Sole Regulatory Control Over Prediction Markets
According to Commodity Futures Trading Commission Chairman Mike Selig, the agency is committed to upholding its 'exclusive regulatory authority' over prediction markets in court. Selig stated, 'Regardless of the subject, whether sports, politics, or otherwise, if a product is validly offered on a CFTC-regulated exchange, it falls under our regulation.' The CFTC is currently engaged in lawsuits ag…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Oversight Authority 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 stated, 'Regardless of whether it involves sports, politics, or any other subject, if a product is lawfully offered within a CFTC-regulated exchange, we have the authority to regulate it.' The Commodity Futures Tradi…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Sole Regulatory Control Over Prediction Markets
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. According to Selig, regardless of the subject matter, any product offered within a CFTC-regulated exchange falls under the agency's jurisdiction. The CFTC's lawsuits against Arizona, Illinois, and C…
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 persist in defending its sole regulatory authority over prediction markets in court. According to Selig, the CFTC's jurisdiction applies to any valid product offered within a CFTC-regulated exchange, regardless of the subject matter. The agency's lawsuits against several states aim to establish its authority …
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Insists on Agency's Exclusive 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 through the courts. Selig stated, 'Regardless of the subject - sports, politics, or anything else - if it's a valid product offered within a CFTC-regulated exchange, we have the authority to regulate it.' The CFTC is currently engaged in la…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
Commodity Futures Trading Commission (CFTC) 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, 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 lawsui…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Insists on Agency's Sole 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 is currently engaged in lawsuits against several…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Defends Agency's Regulatory Authority Over Prediction Markets
In a recent 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 oversight applies to any valid product offered within a CFTC-regulated exchange, regardless of the subject matter. The agency's lawsuits against Arizona, Il…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Regulatory Supremacy in Prediction Markets Dispute
Commodity Futures Trading Commission (CFTC) 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 matter, whether it's sports, politics, or otherwise, if a product is validly offered within a CFTC-regulated exchange, we have the authority to regulate it.' The CFTC is cu…
April 12, 2026, 6 p.m.