←Back to News
Updated 29 April 2026 at 02:58 amCoinCex editorial review

CFTC Throws Weight Behind Prediction Markets, Threatens Legal Action Against States

#Law and Order

CFTC Chair Mike Selig has pledged to take legal action against any state trying to govern prediction markets using local gambling statutes.

CFTC Chair Mike Selig has vowed to sue any state that attempts to regulate prediction markets under its own gambling laws.
How this page was created

This page was derived from source reporting with automated structuring or translation and reviewed for publication by CoinCex.

Original source
Decrypt↗
CFTC Throws Weight Behind Prediction Markets, Threatens Legal Action Against States