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Policy
CFTC Chief Argues for 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, stating that any valid product offered within a CFTC-regulated exchange falls under the agency's jurisdiction. Selig's remarks come as the CFTC engages in lawsuits against several states, including Arizona, Illinois, and…
April 12, 2026, 6 p.m.
Policy
CFTC Chief 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. Selig explained, '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 engaged in lawsui…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Asserts Agency's Sole Regulatory Authority Over Prediction Markets
Commodity Futures Trading Commission Chairman Mike Selig reaffirmed the agency's commitment to defending its exclusive regulatory authority over prediction markets in court. According to Selig, the agency's jurisdiction applies to any validly offered product within a CFTC-regulated exchange, regardless of the subject matter. The CFTC has been actively pursuing lawsuits against several states, inc…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Advocates for Exclusive Regulatory Control Over Prediction Markets
Commodity Futures Trading Commission (CFTC) Chairman Mike Selig has reaffirmed the agency's commitment to defending its 'exclusive regulatory authority' over prediction markets. In an interview with CoinDesk, Selig stated that the CFTC's regulatory oversight applies to all prediction markets, regardless of the subject matter. The agency's lawsuits against several states aim to establish its autho…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Advocates for Agency's Sole Regulatory Control Over Prediction Markets
Commodity Futures Trading Commission (CFTC) Chairman Mike Selig emphasized that the agency will persist in defending its exclusive authority to regulate prediction markets through the courts. Selig stated, 'Regardless of the subject, whether sports or politics, if a product is validly offered within a CFTC-regulated exchange, it falls under our jurisdiction.' The CFTC's lawsuits against Arizona, …
April 12, 2026, 6 p.m.
Policy
CFTC Chief Asserts Agency's Sole 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. Selig stated, 'Regardless of the subject, whether it's 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 lawsuits a…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Defends Agency's 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, stating that any valid product offered within a CFTC-regulated exchange falls under the agency's jurisdiction. Selig's remarks came on the sidelines of the Digital Assets and Emerging Tech Policy Summit, where he clarifi…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Regulatory Supremacy in Prediction Markets Dispute
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will continue to assert its sole regulatory authority over prediction markets in court, stating that any product offered within a CFTC-regulated exchange falls under federal regulation, regardless of the subject matter. This stance is in line with the agency's lawsuits against several states, including Arizona, Il…
April 12, 2026, 6 p.m.
Policy
CFTC Chief Argues for Agency's Sole Authority Over Prediction Markets
In an interview with CoinDesk, Commodity Futures Trading Commission (CFTC) 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 it's sports, politics, or anything else, if it's a valid product offered within a CFTC-regulated exchange, we have the authority t…
April 12, 2026, 6 p.m.
Policy
CFTC Chief 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 sole regulatory authority over prediction markets in court. Selig stated, 'Regardless of whether it involves sports, politics, or any other subject, if a product is validly offered within a CFTC-regulated exchange, we have the regulatory oversight.' The CFTC is currently engaged in li…
April 12, 2026, 6 p.m.