CFTC’s 2026 rulings on sports event contracts reshape prediction markets with federal jurisdiction, tax advantages, and arbitrage opportunities amid state conflicts.
Michael Selig, chairman of the US Commodity Futures Trading Commission, reiterated the agency’s stance on defending prediction markets from state-led litigation. The CFTC has filed an amicus brief to assert…
The head of the U.S. Commodity Futures Trading Commission is pushing back against a wave of state-level lawsuits targeting prediction market platforms. He asserts the agency’s exclusive authority to regulate…