CFTC Chair Selig tells CNBC crypto industry is embracing agency rules as legislation hopes fade
The top U.S. commodities regulator in October announced proposed crypto rules to assert its jurisdiction over the asset class.
The top U.S. commodities regulator in October announced proposed crypto rules to assert its jurisdiction over the asset class.
News of the probe comes after the CFTC ordered Kalshi to take down a sports-related "mention markets" back in August.
A Democratic House could increase scrutiny of prediction markets, the CFTC and the industry’s ties to the Trump family after the midterms.
The CFTC is examining whether Polymarket kept US users off its offshore platform as promised in 2022, Reuters reports, citing two sources.
The federal agency had previously investigated whether Polymarket allowed U.S. users on to its offshore platform in 2024, but dropped the measures in July 2025.