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🇺🇸🔮 CFTC Chairman Backs Polymarket: Sometimes More Accurate Than Polls
CFTC Chairman Michael Selig argues that #prediction markets are a vital tool for debunking fake news, noting they proved more accurate than traditional polling during the 2024 election. He emphasizes the need for US regulatory guardrails to foster domestic #innovation and prevent jobs from moving offshore. Selig further highlights that unlike casinos where players bet against the house, #prediction markets provide legitimate financial value through essential investor protections like order books. #regulation
#crypto