CFTC Takes Charge of Crypto, Prediction Markets
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Michael Selig, the new CFTC head, asserts agency readiness to regulate the $3 trillion crypto market, bypassing Congress. Despite Senates stalled CLARITY Act, Selig eases enforcement and partners with SEC. Prediction markets face scrutiny over potential gaming law violations and insider trading. Selig insists CFTCs jurisdiction, sparking legislative proposals to curb insider trading.
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