Designated Contract Markets

CFTC Chair Mike Selig said the agency is preparing to use existing authority to shape crypto market rules if Congress does not pass the Digital Asset Market Clarity Act. The move could put the derivatives regulator at the center of U.S. digital asset oversight as Senate negotiations remain unresolved.

The Commodity Futures Trading Commission has cautioned prediction market platforms that some incentive programs may create compliance and market abuse risks. The warning targets deficient filings, volume based rewards and market maker arrangements that could encourage improper trading behavior.

The Commodity Futures Trading Commission has cautioned prediction market operators that broad, template-style event contract certifications can fall short of regulatory requirements. The advisory underscores growing scrutiny of a fast-expanding market that includes political, sports and other event-based contracts.