coin-img-ETHETH-0.37%coin-img-BTCBTC+0.56%coin-img-SOLSOL+0.86%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.12%coin-img-TRXTRX-0.84%coin-img-HYPEHYPE-0.14%coin-img-OPNOPN-19.12%coin-img-ETHETH-0.37%coin-img-BTCBTC+0.56%coin-img-SOLSOL+0.86%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.12%coin-img-TRXTRX-0.84%coin-img-HYPEHYPE-0.14%coin-img-OPNOPN-19.12%coin-img-ETHETH-0.37%coin-img-BTCBTC+0.56%coin-img-SOLSOL+0.86%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.12%coin-img-TRXTRX-0.84%coin-img-HYPEHYPE-0.14%coin-img-OPNOPN-19.12%coin-img-ETHETH-0.37%coin-img-BTCBTC+0.56%coin-img-SOLSOL+0.86%coin-img-USDCUSDC+0.03%coin-img-XRPXRP-1.12%coin-img-TRXTRX-0.84%coin-img-HYPEHYPE-0.14%coin-img-OPNOPN-19.12%

U.S. CFTC Chair Tells Big Banks Blockchain Markets "Can't Be Stopped"

According to ME News, on June 11 (UTC+8), U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said major banks should recognize that blockchain-based markets are now irreversible. Speaking on a program covering new rules for prediction markets, perpetual futures trading, and the CLARITY Act, Selig said the CFTC will draw clear lines for prediction markets. The agency would allow compliant products such as sports outcomes, while prohibiting casino-style games and contracts tied to events like war or assassinations. He added that regulators are working to build a clearer framework to support innovation in crypto markets, limit offshore capital flight, and reinforce U.S. leadership in digital-asset regulation. (Source: Foresight News)
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.