luckDog

#CFTC JUST CHANGED THE GAME FOR PREDICTION MARKETS Yesterday CFTC Chairman Michael Selig filed a federal court brief backing Crypto.com against Nevada regulators. This is the first time federal government openly sided with prediction markets over state gambling authorities. What just happened? CFTC declared it has exclusive federal jurisdiction over prediction markets. Chairman publicly told state attorneys general: "We will see you in court." Why this matters: States like Nevada and Utah have been trying to shut down prediction markets as illegal gambling. CFTC just gave them federal protection. This is massive regulatory clarity. The numbers speak: Prediction market volume exploded from under 100 million monthly in early 2024 to over 13 billion by end of 2025. That is 130x growth in two years. Kalshi and Polymarket raised 3.6 billion dollars in 2025. ICE (owner of NYSE) invested 2 billion into Polymarket. Coinbase and #crypto .com officially launched prediction markets in early 2026. What happens next: CFTC will draft new event contracts rulemaking to create clear standards. This unlocks institutional capital at scale. Platforms with #CFTC approval now have federal protection to operate nationwide. Bottom line: Federal backing means institutional money floods in. Crypto prediction platforms just got legitimized at the highest level. The prediction market boom is starting. Are you positioned? #PredictionMarketsCFTCBacking