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CFTC Chair Michael Selig accuses states of trying to lock up prediction market founders during criminal charges. Speaking at the Cantor Convergence conference, Selig defended federal jurisdiction over platforms like Kalshi and Polymarket.
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Summary by ByteBrief

CFTC Chair Says Crypto Exchanges Line Up
CFTC Chair Selig Defends Crypto Rules

How CFTC Chairman Michael Selig reversed long-standing policy to authorize perpetual crypto and stock trades on Kalshi and others, despite SEC staff concerns (New York Times)