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CFTC Chairman Mike Selig: Predictive markets will become a trend of transparency and compliance
The Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, stated in a recent podcast that predictive markets provide participants with hedging and investment tools, while also enhancing the reliability of event information, bringing measurable public value.
He also emphasized that the CFTC is committed to establishing a "gold standard" regulatory framework for predictive markets, promoting industry development in a more transparent and compliant environment.
This statement reflects the important role of predictive markets in the future financial ecosystem, while also hinting at the potential of crypto assets driven by regulation.