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BTCC / BTCC Square / Global Cryptocurrency /
Crypto Industry Unites to Push for Clear Regulations on Prediction Markets

Crypto Industry Unites to Push for Clear Regulations on Prediction Markets

Author:
Global Cryptocurrency
Published:
2026-02-18 13:13:02
16
2
BTCCSquare news:

The crypto industry is mounting a coordinated effort to shape U.S. policy on prediction markets, with a new advocacy group leading the charge. The Digital Chamber's Prediction Markets Working Group aims to clarify regulatory oversight, challenge enforcement-heavy approaches, and establish the Commodity Futures Trading Commission (CFTC) as the primary federal authority.

CFTC Chairman Mike Selig's recent comments endorsing federal oversight of event contracts have been welcomed by the industry. The group plans to engage regulators, submit policy proposals, publish research, and participate in legal battles to advance its position.

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