Trump backs CFTC authority over prediction markets

In recent developments, uS President Donald Trump says it is “critically important” that the CFTC has sole authority over prediction markets, and took aim at several state officials. Looking closer,…

CFTC sues 3 states over prediction market regulatory authority

In recent developments, the Commodity Futures Trading Commission claims it “first officially recognized” event contracts in 1992 and that Congress has granted it sole authority over the market. Looking closer,…