Agencies Must Create Clear Prediction Market Rules to Avoid FTX-Style ‘Implosions’: CFTC Chair
In brief
CFTC Chairman Michael Selig is concerned that driving prediction markets offshore into unregulated space could cause FTX-style “implosions.”
Prediction markets are facing scrutiny over insider trading on their platforms.
Selig warned against states “regulating by litigation and e
Decrypt·04-01 15:06
