According to The Information, U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig is pushing to limit state interference in prediction markets, aiming to prevent state-level regulation from hindering industry growth and to establish a more relaxed federal regulatory environment for the sector. The report also mentioned that Selig has long been interested in sports, with his office displaying numerous sports memorabilia, which is seen as a sign of his ongoing interest in sports prediction markets.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin