CFTC Seeks Broader Oversight of Crypto Futures and Prediction Markets
The U.S. Commodity Futures Trading Commission (CFTC) is looking to expand its jurisdiction to cover crypto futures, GPU futures, and prediction markets.
According to Simon Taylor, co-founder at 11:FS, this move was announced at the CFTC's first Innovation event.
Taylor notes that if Congress does not pass CLARITY, Chairman Michael Selig intends to draft crypto rules unilaterally.