CFTC's Selig opens legal dispute against states getting in way of prediction markets

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CFTC Chairman Mike Selig is taking a stance against states interfering with the agency's jurisdiction over prediction markets, potentially leading to a legal dispute.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Commodity Futures Trading Commission Chairman Mike Selig fired a legal warning shot defending his agency's jurisdiction over the event contract space.

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Original article published by CoinDesk on February 17, 2026.
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