🇺🇸📊 The Commodity Futures #Trading Commission (CFTC) Chair Mike Selig stated that the agency holds federal jurisdiction over U.S. #prediction markets, superseding state governments. Selig directed the CFTC to file an amicus brief to assert its authority in response to legal challenges from states against platforms like Polymarket and Kalshi. Additionally, he mentioned that the CFTC is working on new rulemaking for #prediction markets. #regulation

#crypto