Wu Blockchain (@WuBlockchain): The Commodity Futures Trading Commission (CFTC) Chair Mike Selig said the agency has federal jurisdiction over U.S. prediction markets, not state gove…
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The Commodity Futures Trading Commission (CFTC) Chair Mike Selig said the agency has federal jurisdiction over U.S. prediction markets, not state governments. Selig directed the CFTC to file an amicus brief asserting its authority amid legal challenges from states targeting platforms such as Polymarket and Kalshi. Selig said the CFTC is pursuing new rulemaking for prediction markets. http://coindesk.com/policy/2026/02/17/cftc-s-selig-opens-legal-dispute-against-states-getting-in-way-of-prediction-markets