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CFTC Chairman Says Agency to Draft Regulatory Guidelines for Prediction Markets

Source
JH Kim

Summary

  • The chairman of the U.S. Commodity Futures Trading Commission said he will provide clearer regulatory guidance for prediction market participants.
  • The chairman said he will draft new rules for prediction market participants.
  • The remarks were reported by Cointelegraph, a cryptocurrency-focused media outlet.

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Cointelegraph, a cryptocurrency-focused media outlet, reported on July 9 that Mike Selig, chairman of the U.S. Commodity Futures Trading Commission, said the agency will draft new rules to provide clearer regulatory guidelines for prediction market participants.

Photo: Shutterstock
Photo: Shutterstock
#Crypto Regulation
#Prediction Market
#Macroeconomy
#Policy
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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