Summary
- It was reported that U.S. Commodity Futures Trading Commission (CFTC) Chair Michael Selig signaled the introduction of regulations related to prediction markets.
- Selig said he plans to pursue an Advance Notice of Proposed Rulemaking (ANPRM) in the near future to lay the groundwork for more comprehensive rulemaking.
- Amid ongoing jurisdictional disputes over prediction-market platforms such as Polymarket and Kalshi, it was reported that the CFTC may move to establish a full-fledged regulatory framework.
Forecast Trend Report by Period
On the 3rd (local time), The Block reporter Sarah Wynn reported that U.S. Commodity Futures Trading Commission (CFTC) Chair Michael Selig signaled the introduction of regulations related to prediction markets.
Selig said he plans to pursue an Advance Notice of Proposed Rulemaking (ANPRM) “in the near future,” adding that it is “to lay the groundwork for more comprehensive rulemaking.”
An ANPRM is a preliminary document a U.S. federal agency publishes to inform the public that it is considering new regulations and to solicit stakeholder feedback before issuing a formal proposed rule.
With jurisdictional disputes continuing around prediction-market platforms such as Polymarket and Kalshi, speculation is growing that the CFTC could move to establish a full-fledged regulatory framework.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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