🇺🇸 CFTC UNDER PRESSURE: WHO IS ACTUALLY WATCHING PREDICTION MARKETS
Lawmakers are now directly questioning whether the CFTC has the capacity to regulate prediction markets effectively as scrutiny over the sector intensifies
At the center of the issue is CFTC Chair Michael Selig, who is being pressed on whether the agency even has enough staff and infrastructure to oversee a rapidly growing market landscape
This is no longer just a regulatory debate, it’s about whether prediction markets are scaling faster than the institutions meant to control them
As the CFTC continues to assert jurisdiction, the gap between innovation speed and regulatory bandwidth is becoming impossible to ignore
If oversight fails to keep up, prediction markets could become one of the most under regulated yet influential financial instruments in the system
#CFTC #CryptoMarkets #Regulation #PredictionMarkets #FinancialSystem