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CFTC prediction market rulemaking would let sole commissioner Selig approve the final rule, Blockonomi reports
- CFTC prediction market rulemaking would let sole commissioner Selig approve the final rule, Blockonomi reports — An article published October 18 says Chair Mike Selig is currently the CFTC's only commissioner and can approve the final prediction markets regulation on his own, in a 32-page proposal as designated contract market applications rose more than 100 percent over the previous year. It also notes a federal judge in Ohio recently denied Kalshi's attempt to block Ohio gaming regulators. (BitRss)
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