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Policy
CFTC Chief Advocates for Agency's Sole Regulatory Control Over Prediction Markets
According to Commodity Futures Trading Commission Chairman Mike Selig, the agency will persist in its defense of 'exclusive regulatory authority' over prediction markets in court. Selig emphasized that the type of event being predicted, whether sports or politics, does not affect the agency's regulatory oversight as long as the product is offered within a CFTC-regulated exchange. The CFTC's lawsu…
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. According to Selig, the agency's regulatory purview encompasses any valid product offered within a CFTC-regulated exchange, regardless of the underlying event. The CFTC's lawsuits against several states aim to establish its e…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Defends Agency's Exclusive Authority Over Prediction Markets
The Commodity Futures Trading Commission will continue to assert its regulatory authority over prediction markets, according to Chairman Mike Selig. In an interview with CoinDesk, Selig emphasized that the agency's jurisdiction applies to all validly offered products within CFTC-regulated exchanges, regardless of the underlying event. The CFTC is currently engaged in lawsuits against several stat…
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 continue to assert its exclusive regulatory authority over prediction markets. Selig stated that regardless of the subject matter, whether sports, politics, or otherwise, if a product is offered within a CFTC-regulated exchange, it falls under the agency's regulatory purview. The CFTC is currently engaged in …
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 right to regulate prediction markets. Selig stated, '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 currently engaged in lawsuits …
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Advocates for Agency's Regulatory Authority Over Prediction Markets
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive authority to regulate prediction markets. Selig stated, 'Regardless of the subject, whether sports or politics, if a product is validly offered within a CFTC-regulated exchange, we have the authority to regulate it.' The CFTC is currently involved in lawsuits against several…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Insists on Agency's Exclusive Authority Over Prediction Markets
The Commodity Futures Trading Commission will continue to assert its 'exclusive regulatory authority' over prediction markets, according to Chairman Mike Selig. In an interview with CoinDesk, Selig emphasized that the agency's jurisdiction applies regardless of the subject matter, be it sports or politics, as long as the product is offered within a CFTC-regulated exchange. The CFTC is currently e…
April 12, 2026, 6 p.m.
Policy
CFTC Chair Asserts Agency's Regulatory Authority Over Prediction Markets
The Commodity Futures Trading Commission will continue to defend its right to oversee prediction markets, according to Chairman Mike Selig. In an interview with CoinDesk, Selig stated that the agency's regulatory authority is exclusive, regardless of the market's focus, whether on sports, politics, or other areas, as long as it operates within a CFTC-regulated exchange. The CFTC is currently enga…
April 12, 2026, 6 p.m.
Policy
CFTC Chairman Mike Selig Insists on Agency's Regulatory Authority Over Prediction Markets
Commodity Futures Trading Commission Chairman Mike Selig emphasized that the agency will persist in defending its exclusive right to regulate 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, it falls under our regulatory purview.' The CFTC is currently engaged in …
April 12, 2026, 6 p.m.
Policy
CFTC Chair Asserts Agency's Regulatory Authority Over Prediction Markets
The Commodity Futures Trading Commission will continue to defend its authority to regulate prediction markets, according to Chairman Mike Selig. In an interview with CoinDesk, Selig stated that the agency's regulatory authority is exclusive, regardless of the subject matter of the predictions, as long as they are offered within a CFTC-regulated exchange. The CFTC is currently engaged in lawsuits …
April 12, 2026, 6 p.m.