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CFTC Claims Exclusive Authority Over Prediction Markets: Chair Selig Says, “This Power Grab Ignores The Law, Decades Of Precedent”
On 17 February 2026, the Commodity Futures Trading Commission (CFTC) filed an amicus brief asking for exclusive federal jurisdiction over prediction markets like Polymarket and Kalshi.
With this, CFTC has directly challenged state governments’ attempts to regulate event contracts as… Read full article
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CFTC Chair Says Crypto Market Structure Bill Nears Final Approval
With the end of the month approaching and negotiations still ongoing, the long-debated crypto market structure legislation known as the CLARITY Act is facing a critical moment in Washington. 
The bill, which aims to establish clear rules for digital asset… Read full article
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CFTC Chairman Defends Prediction Markets From State Crackdowns
Key Takeaways

The CFTC says prediction markets fall under federal derivatives law, not state gambling rules.
Chairman Michael Selig is reversing prior restrictions and defending platforms in court.
The agency supports innovation but will still prosecute insider trading and market… Read full article
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CFTC Chair Vows to Defend Prediction Markets From State Lawsuits
CFTC Chair Michael Selig files an amicus brief to defend federal oversight of prediction markets amid state lawsuits and Senate scrutiny.
The chair of the US Commodity Futures Trading Commission said the agency will continue defending its authority over prediction… Read full article
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CFTC chair doubles down on defending prediction markets from state suits
Michael Selig said that the US financial regulator had filed an amicus brief against what he called an “onslaught of state-led litigation” against prediction markets. Read full article
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CFTC defends prediction markets as part of broader U.S. crypto policy reset
The CFTC is stepping up its defense of prediction markets amid growing state challenges. Read full article
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