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Trump Backs CFTC Authority Over U.S. Prediction Markets
U.S. President Donald Trump has publicly expressed support for federal oversight of prediction markets, signaling a reversal from his previous skepticism. On May 26, Trump posted on Truth Social that it was “critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive.” He directly criticized several state officials, including Chris Christie, Letitia James, Tim Walz, and JB Pritzker, accusing them of attempting to impose restrictions on the fast-growing industry. Prediction markets allow individuals to place wagers […] The post Trump Backs CFTC Authority Over U.S. Prediction Markets appeared first on World Casino News.
U.S. President Donald Trump has publicly expressed support for federal oversight of prediction markets, signaling a reversal from his previous skepticism. On May 26, Trump posted on Truth Social that it was “critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive.” He directly criticized several state officials, including Chris Christie, Letitia James, Tim Walz, and JB Pritzker, accusing them of attempting to impose restrictions on the fast-growing industry. Prediction markets allow individuals to place wagers […]
The post Trump Backs CFTC Authority Over U.S. Prediction Markets appeared first on World Casino News.
