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2026-05-03 05:28:29 UTC

Blockchain Report on Nostr: According to a report by The Information, Michael Selig, Chairman of the U.S. ...

According to a report by The Information, Michael Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), is advocating for limitations on state-level interference in prediction markets. This initiative aims to foster a more accommodating federal regulatory environment for the sector, preventing state regulations from hindering its development. The report also notes Selig's long-standing interest in sports, evidenced by sports memorabilia in his office, which is seen as indicative of his continued focus on sports prediction markets.

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