The U.S. Commodity Futures Trading Commission (CFTC) Chair Mike Selig announced that the CFTC has filed an amicus curiae brief to defend its jurisdiction over prediction markets such as Polymarket and Kalshi. This follows the regulatory crackdown from state regulators, who alleged that these platforms are operating as unlicensed sports betting platforms. CFTC Contests State
The post Breaking: U.S. CFTC Moves To Defend Polymarket, Kalshi From Regulatory Crackdown By State Regulators appeared first on CoinGape.
