The Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Mike Selig, announced on the X platform that they are officially seeking public comments on the proposed establishment of a structured framework to evaluate event types that may support prediction market trading contracts. This framework aims to provide long-term, transparent regulatory guidelines to identify contracts that Congress has directed to be closely scrutinized, ensuring that legitimate prediction markets operate normally in the public interest. At the same time, it emphasizes that this will not be the last rulemaking for prediction markets, and the agency will continue to seek a balance between maintaining market integrity and supporting innovation.

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QuietRabbitInTheWoods
· 3h ago
The types of contracts that Congress will focus on reviewing have not been announced yet; the details are where the devil lies. Let's wait and see which events will be banned.
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SeaSaltFlavorAirdrop
· 3h ago
Maintaining market integrity vs supporting innovation, walking the tightrope well is the art of regulation; veering off is a killer of innovation, and the CFTC is under considerable pressure.
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GateUser-e623ef4b
· 3h ago
Long-term transparency principles + public interest orientation, with this combination in place, should Polymarket be able to breathe a sigh of relief?
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BlocktimeBarista
· 3h ago
The CFTC is finally starting to seriously develop a regulatory framework for prediction markets. Selig's move is quite steady, leaving room for innovation while drawing clear boundaries, much better than the SEC's all-or-nothing approach.
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