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Prediction markets face CFTC scrutiny ahead of 2026 US midterms, Crypto News reports
- Prediction markets face CFTC scrutiny ahead of 2026 US midterms, Crypto News reports — CFTC Chairman Michael Selig said the agency is monitoring prediction markets for possible manipulation ahead of the 2026 US midterm elections, according to a summary of his Oct. 23 Bloomberg interview. Kalshi and Polymarket held 250 million dollars in combined midterm open interest as of Oct. 18, according to Dune research cited in the report. (Crypto News)
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