CFTC’s Selig offers prediction markets a deal they might hate to accept
CFTC Chairman Michael Selig is trying to drag prediction markets and crypto out of the legal grey zone by scrapping a de facto ban and replacing it with a derivatives‑style rulebook the agency, not the states, will control. Summary Selig withdrew the 2024 event‑contracts ban proposal and a 2025 staff advisory, ordering a new rulebook
