Trump backs CFTC authority over prediction markets
US President Donald Trump says it is “critically important” that the CFTC has sole authority over prediction markets, and took aim at several state officials.
Crypto News·
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…
Read full articleUS President Donald Trump says it is “critically important” that the CFTC has sole authority over prediction markets, and took aim at several state officials.
President Donald Trump posted a public statement Tuesday defending the Commodity Futures Trading Commission’s (CFTC) exclusive federal authority over prediction markets and warning that the United States must protect its position as the world’s leading crypto destination. Trump Backs CFTC Chairman Selig on Prediction Markets, Warns States to Stand Down On Truth Social, Trump directed […]
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