2026-4-17 23:55 |
Lawmakers on the House Agriculture Committee questioned Commodity Futures Trading Commission chairman Mike Selig during a hearing on Thursday, as scrutiny of prediction markets continues to intensify. origin »
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Democratic Senators pressed Mike Selig, President Trump’s nomination as the next head of the Commodity Future Trading Commission, about sports event contracts during a hearing before the Agriculture, Nutrition and Forestry Committee today.
2025-11-20 02:30 | |
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Michael Selig said he supported having a “cop on the beat” for digital asset markets and answered questions about how he would handle regulation as the sole CFTC commissioner.
2025-11-20 00:57 | |
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A Minnesota Senate committee unanimously advanced legislation Tuesday that would ban offering prediction markets in the state, sending SF 4511 to the Senate Finance Committee as one of the most sweeping state efforts to target the fast-growing market.
Former CFTC Chairman Chris Giancarlo is leaving the legal profession to commit himself fully to the digital asset space as a strategic adviser for fintech and cryptocurrency startups. The announcement came via a social media post on Sunday, where Giancarlo…
Kentucky has become the first state to pass legislation explicitly taxing prediction market platforms, marking a shift in how states are approaching the fast-growing industry. The measure, included in a broader omnibus bill, applies taxes to platform revenue tied to in-state users, but stops short of establishing a regulatory framework for the exchanges.
The CFTC opened a 45-day comment period on prediction market regulation and reinforced exchanges’ role in policing event contracts The post CFTC Launches Prediction Market Rulemaking, Issues Guidance Sports Contracts appeared first on DeFi Rate.
Five proposals introduced in Congress this year, including three in the past week, target everything from insider trading to sports contracts and “death bets. ” We break down each bill and where it stands.
New U.S. guidance on tokenized securities adds to a growing regulatory push toward blockchain finance, with potential ripple effects for prediction markets. The post What Tokenized Asset Clarity Means for Future of Prediction Markets appeared first on DeFi Rate.