Wisconsin has been sued by the Commodity Futures Trading Commission (CFTC) for operating unlicensed gambling markets, joining New York and Arizona in legal actions against prediction market firms like @Kalshi and @Crypto.com. #Breaking #Legal $BTC
CFTC Chairman Mike Selig asserts the agency’s exclusive authority over prediction markets, filing lawsuits against states to clarify regulatory jurisdiction under the Commodity Exchange Act. #Update #Legal $BTC
The CFTC’s new Chair, Mike Selig, plans to introduce US regulations for crypto perpetual futures, potentially benefiting @Hyperliquid. The move aims to modernize financial regulations and recapture liquidity. #Update #Crypto
@MikeSeligCFTC announced upcoming guidance for U.S. crypto perpetual futures, aiming for regulatory clarity within a month as offshore trading grows due to previous administration’s policies. #Update #Crypto $BTC
U.S. Commodity Futures Trading Commission Chairman Mike Selig asserts federal jurisdiction over prediction markets, challenging state regulations; Utah Governor Spencer Cox counters, labeling them as gambling. #Update #Legal $CFTC
Trump’s campaign has led to Republican control at the SEC and CFTC, impacting crypto regulations amid calls for bipartisan nominations. Both agencies are advancing pro-crypto policies without Democratic input. #Update #Crypto $BTC $ETH
