Trump’s prediction market push sparks fresh state authority clash

2026-5-27 02:04

U.S. President Donald Trump has backed the CFTC’s exclusive authority over prediction markets as federal and state officials fight over who should regulate the fast-growing sector. According to Trump’s Truth Social post late Tuesday, keeping the Commodity Futures Trading Commission… origin »

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CFTC Sues Illinois, Arizona and Connecticut to Defend Exclusive Authority Over Prediction Markets

The Trump Administration is officially joining in on the fight between states and prediction markets, starting with Illinois, Arizona, and Connecticut. The CFTC announced its unprecedented action of suing three states in a press release, stating: “The Commodity Futures Trading Commission today filed lawsuits challenging the actions of Arizona, Connecticut, and Illinois against CFTC-registered designated contract […] The post CFTC Sues Illinois, Arizona and Connecticut to Defend Exclusive Authority Over Prediction Markets appeared first on DeFi Rate.

2026-4-3 20:50


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Can Merkle Mining Be the Next Step in Decentralized Token Distribution?

One of the critical characteristics that trump P2P networks like Bitcoin and Ethereum over traditional mechanisms of finance is their degree of decentralization. Having the authority to make decisions distributed equally among all the participating entities ensures an efficient and transparent mode of transactions, unlike centralized mechanisms where the power can be abused to wrong people en masse.

2018-12-4 12:00