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CFTC Chair Claims Exclusive Prediction Market Authority
CoinDesk·
Commodity Futures Trading Commission (CFTC) Chair Mike Selig asserted that states lack the jurisdiction to regulate prediction market providers. He emphasized the agency's pursuit of legal actions to solidify its exclusive oversight in this area. Selig's comments underscore the ongoing federal-state jurisdictional debate surrounding emerging financial technologies and platforms, aiming to establish clear regulatory boundaries and prevent fragmented enforcement.
Tags
regulation
fintech
legal
Original Source
CoinDesk — coindesk.com