With no bipartisan leadership, CFTC won't ‘slow down‘ on rulemaking
Democratic lawmakers called out Michael Selig for unilaterally advancing policies at the regulator that's normally led by a bipartisan group of five commissioners.
Democratic lawmakers called out Michael Selig for unilaterally advancing policies at the regulator that's normally led by a bipartisan group of five commissioners.
Original source
Read on CointelegraphRelated market context
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, v...
Hungary Reverses Crypto Crackdown, CFTC Proposes Prediction Market Rules, and Anthropic AI Jailbroken in 48 Hours
Hungary decriminalises crypto trading after EU scrutiny, CFTC proposes prediction market rules, and Anthropic's AI jailbroken in 4...
Americans trade billions on Polymarket’s banned offshore platform despite CFTC crackdown
Polymarket's offshore trading highlights regulatory challenges, risking legal exposure for US investors and impacting market liqui...
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...
CFTC sues New Mexico over federal jurisdiction infringement
The CFTC's legal actions could centralize prediction market regulation, impacting state autonomy and setting a precedent for feder...
CFTC Says Sports Contracts Involve Gaming but Proposes to Allow Almost All of Them
The CFTC has proposed its first written framework for sports event contracts, formally defining sports markets as “gaming” – then...