CME CEO says CFTC regulating prediction markets is "overreach," expects final ruling by Supreme Court

PANews October 13 news, according to The Block, CME Group CEO Terrence Duffy said that the U.S. Commodity Futures Trading Commission's (CFTC) attempt to expand its regulatory authority over prediction markets is "a bit of a stretch," and the related regulatory dispute may ultimately reach the U.S. Supreme Court.

Terrence Duffy pointed out that the battle over regulatory jurisdiction over prediction markets could evolve into a legal contest among state governments, tribal governments, and the federal government, and said: "This will go to the Supreme Court, and I think state governments and tribal governments will have the advantage."

CME Group is one of the world's largest derivatives exchange operators, and its platforms provide trading services for multiple types of financial derivatives, including futures and options. Prediction markets have attracted more attention in recent years due to the development of platforms such as Polymarket and Kalshi.

Labarai masu alaƙa

11-02 03:27 UTC
SOL spot ETFs sun ga fitar da kuɗi net na dala miliyan 71.4748 a makon da ya gabata, wanda shine mafi girma da aka taɓa samu.
11-02 03:26 UTC
ETFs na Ethereum spot sun ga fitar da kuɗi net na dala miliyan 432 a makon da ya gabata, wanda ke nuna makonni biyar a jere na fitar da kuɗi net.
11-02 03:25 UTC
Bitcoin ETFs na Spot sun ga fitar da kuɗi net na dala miliyan 203 a makon da ya gabata, inda FBTC na Fidelity ya jagoranci da fitar da kuɗi net na dala miliyan 166.
Labarin PANews na ranar 2 ga Nuwamba, bisa ga bayanan SoSoValue, a cikin kwanakin kasuwanci na makon da ya gabata (Lokacin Gabas 26 ga Oktoba zuwa 30 ga Oktoba)...
11-01 12:11 UTC
Yi He: Kamfen ɗin lada na al'ummar Binance suna buƙatar jira amincewar hukuma kafin a ƙaddamar da su; a halin yanzu babu kamfen ɗin takardar kuɗi.
11-01 00:05 UTC
Glassnode: U.S. spot Ethereum ETFs recorded 23 consecutive trading days of net outflows, the longest net outflow streak on record.

SOL spot ETFs sun ga fitar da kuɗi net na dala miliyan 71.4748 a makon da ya gabata, wanda shine mafi girma da aka taɓa samu.

ETFs na Ethereum spot sun ga fitar da kuɗi net na dala miliyan 432 a makon da ya gabata, wanda ke nuna makonni biyar a jere na fitar da kuɗi net.

Bitcoin ETFs na Spot sun ga fitar da kuɗi net na dala miliyan 203 a makon da ya gabata, inda FBTC na Fidelity ya jagoranci da fitar da kuɗi net na dala miliyan 166.

Yi He: Kamfen ɗin lada na al'ummar Binance suna buƙatar jira amincewar hukuma kafin a ƙaddamar da su; a halin yanzu babu kamfen ɗin takardar kuɗi.

Glassnode: U.S. spot Ethereum ETFs recorded 23 consecutive trading days of net outflows, the longest net outflow streak on record.