The chairman of the CFTC will limit state regulatory agencies' intervention in prediction markets
According to The Information, Michael Selig, chairman of the Commodity Futures Trading Commission (CFTC), announced that the agency is pushing to limit state interventions in prediction markets to prevent state-level regulatory measures from hindering or even stifling the industry's development.
Reports indicate that Michael Selig is a sports fan himself and has a large number of sports memorabilia in his office, which is seen as a reflection of his long-term interest in sports prediction markets. Since taking office several months ago, he has quickly begun related work, attempting to create a more relaxed federal regulatory environment for prediction markets, allowing more American users to participate in prediction trading for sports events and other outcomes.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Mr&强 Analyzes Market Trends Ahead of Federal Reserve Meeting

WEEX Exclusive:Fed September Meeting Takes Center Stage | WEEX Weekly Market Preview (9.14-9.18, 2026)

Fed September Meeting Takes Center Stage | WEEX Weekly Market Preview (9.14-9.18, 2026)

Mecamand CEO Shao Tianlan Warns Against Short-Sightedness in the Embodied Intelligence Industry

Gaoling Partner Yan Wentao to Join DeepSeek as CFO

Former Deputy Secretary Pokender Evaluates Fed Rate Hike as a Mistake

Anthropic and Rum Group Reach $13.7 Billion Computing Agreement

VIX Call Options Increase by 275,000 Contracts, Wall Street Prepares for Market Decline

Probability of the CLARITY Act Being Signed into Law in 2026 Rises to 30%

Strategy Company Warns: Take Bitcoin's Heavy Risks Seriously

AI Executives Call for Slowing Development, Chip Stocks Under Pressure in the Short Term

FLock Research Papers Selected for ECML PKDD 2026

Stablecoin Market Cap at $14.45 Billion, Below 365-Day Average

DEEPCOIN Completes System Penetration Testing with HackenProof to Strengthen Asset Security

Mr&强 Analyzes the Impact of Interest Rate Hikes, Suggests Short-term Trading Strategies

Jim Cramer Says 30-Year Treasury Yield at 5.3% Drives Stock Prices

Researcher Claims Purchasing 6TB of Model Data Can Breach 19 Companies

LONG Upgrades Launch Factory to Enhance Automated Token Issuance Protection and Asset Locking

US Treasury Buyback Scale Falls Short of Expectations, Besant Alleviates Market Concerns

Germany Plans to Impose 25% Tax on Long-Term Cryptocurrency Profits

UBS Adjusts Outlook, Expects Two Rate Hikes by the Federal Reserve in 2026

Trust companies resist crypto assets from wealthy individuals

U.S. Treasury Announces $6 Billion Buyback, 10-Year Yield Rises to 4.85%

Ink Foundation and GSR Launch Charter Foundation to Reduce Legal Costs of Token Issuance

Budget 2027: Wealthy Retirees and Ministers Affected

FGS Projects to Increase Mortgage Loans by Up to 23%

Energy, Finance, and Global Capital Intertwined: The Federal Reserve's Policy Space Faces Multiple Constraints

大冰要抄底(专注交易) Highlights Critical Point in U.S. Economic Data

Russia Plans to Build a New Railway to China






