U.S. Senator Elizabeth Warren sent a letter to CFTC Chairman Michael Selig, requesting that he submit records related to the regulation of the cryptocurrency industry and prediction markets by June 18, including communications with prediction market companies and information on personnel adjustments. Warren stated that the CFTC, while laying off about 25% of staff and reducing enforcement actions, is taking on more regulatory responsibilities, which could weaken its ability to oversee the crypto market and prediction markets, posing risks to investor protection and market integrity.

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
  • Pinned