THE BLOCK · 2026-11-13 18:51 UTC

CFTC's Selig accuses states of trying to 'lock up' prediction market founders

CFTC Chair Michael Selig defends federal oversight of prediction markets as states pursue enforcement. Selig says disputes over whether contracts are gambling or derivatives should not put executives at risk of jail. The CFTC is prepared to take its jurisdiction fight to the Supreme Court.

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