# TrumpBacksCFTCAuthorityOverPredictionMarkets

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On May 26, Trump posted on Truth Social, explicitly supporting CFTC's exclusive authority over prediction markets, calling it "critically important." He also called out state officials in Minnesota, Illinois and other states, saying they cannot be allowed to "make the rules." Trump emphasized that other countries are pursuing this new form of financial market and the US must stay ahead. The CFTC has filed lawsuits against several states seeking to ban prediction markets, with the dispute likely heading to the Supreme Court.

#TrumpBacksCFTCAuthorityOverPredictionMarkets 1️⃣ Stronger Regulatory Framework
Trump’s support indicates a move toward establishing official rules for prediction markets under CFTC supervision.
2️⃣ Positive Signal for Crypto
The crypto industry sees this as a sign that blockchain innovation may receive broader legal recognition.
3️⃣ Institutional Participation
Clear regulations could encourage hedge funds, financial firms, and institutional investors to enter the sector.
4️⃣ Growth of Decentralized Platforms
Blockchain-based prediction platforms may experience accelerated adoption and higher
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MrFlower_XingChen:
To The Moon 🌕
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#TrumpBacksCFTCAuthorityOverPredictionMarkets
The global prediction market industry is entering a new phase of legitimacy and expansion as Donald Trump signals support for stronger CFTC authority over prediction markets. This development is being closely monitored across both traditional finance and the crypto sector because it could shape the future structure of decentralized forecasting platforms, blockchain-based event trading, and political prediction systems for years to come.
Prediction markets have evolved far beyond simple betting platforms. Today, they are increasingly viewed as adva
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MasterChuTheOldDemonMasterChu:
Just charge forward 👊
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#TrumpBacksCFTCAuthorityOverPredictionMarkets Trump Backs CFTC in Escalating War for Control of $10 Billion Prediction Market Industry
Washington, D.C. – In a blistering social media post on Tuesday, former President Donald Trump inserted himself directly into a high-stakes legal battle that could determine the future of the rapidly growing prediction market industry. Trump firmly backed the Commodity Futures Trading Commission (CFTC), declaring that the federal government—not individual states—must hold "exclusive authority" over platforms like Kalshi and Polymarket .
The statement marks a si
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BeautifulDay:
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#TrumpBacksCFTCAuthorityOverPredictionMarkets
Prediction markets are once again becoming a major topic of discussion across financial and political circles as regulatory attention intensifies in the United States. Recent developments surrounding support for stronger oversight by the Commodity Futures Trading Commission are reshaping conversations about how prediction markets should operate, who should regulate them, and what role they may play in the future of finance and political forecasting.
Prediction markets allow participants to trade contracts based on the outcome of future events. The
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BeautifulDay:
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"We're Going to Be the Crypto Capital"
#CFTC Chair Mike Selig said it plainly after the vote. America just took its biggest step toward owning the global digital asset industry .
🔹 Why Selig Is Confident
The CLARITY Act ends regulation by enforcement. For years, crypto firms operated under legal ambiguity, waiting for lawsuits to define rules they were supposed to follow . Founders left the US. Capital fled offshore. Compliance costs exploded with zero clarity in return.
Selig framed the markup as the moment that changes. Clear jurisdictional lines between the #SEC and CFTC mean companies fin
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SmallReadingBoard:
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The CFTC just sued New York and Wisconsin for trying to ban prediction markets, claiming "exclusive authority" over the space. This isn't just a legal fight; it’s a war for the future of decentralized betting. If the states win, your favorite "Alpha" platforms could be geo-blocked overnight. As a dev, I respect the CFTC’s move to protect the technical infrastructure from fragmented state laws. This is the spicy regulatory drama that will define the 2026 trading landscape. Watch this space. #CFTC #PredictionMarkets #CryptoLaw #Polymarket
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Prediction Market Welcome Gift, Trade to Enjoy Up to 100 USDT Per Person
Gate Prediction Market Polymarket Invites You to Experience Prediction Trading!
The first prediction trade of at least 20 USDT, and you can receive a new user benefit;
If the prediction fails, the top 500 eligible users can receive up to 100 USDT compensation, with a total prize pool of $10,000, first come, first served.
⏰ Event Duration: April 20, 2026, 17:00 - April 30, 2026, 17:00 (UTC+8)
📍 Entry Path:
Gate App updated to 8.12.5+ → Log in to your account → Home / Alpha / Polymarket
🔥 Event Highlights
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ybaser:
2026 GOGOGO 👊
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Prediction Market Welcome Gift, Trade to Enjoy Up to 100 USDT Per Person
Gate Prediction Market Polymarket Invites You to Experience Prediction Trading!
The first prediction trade of at least 20 USDT, and you can receive a new user benefit;
If the prediction fails, the top 500 eligible users can receive up to 100 USDT compensation, with a total prize pool of $10,000, first come, first served.
⏰ Event Duration: April 20, 2026, 17:00 - April 30, 2026, 17:00 (UTC+8)
📍 Entry Path:
Gate App updated to 8.12.5+ → Log in to your account → Home / Alpha / Polymarket
🔥 Event Highlights
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BeautifulDay:
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The Day Crypto Got Its Legal Identity: SEC & CFTC Classify 16 Assets as Commodities
The decision took ten years. The document was 68 pages. The impact? Permanent.
On March 17, 2026, the SEC and CFTC jointly issued a landmark interpretive guidance that officially classified 16 crypto assets — including BTC, ETH, SOL, XRP, ADA, DOGE, and LINK — as digital commodities under federal law. Not securities. Not gray area. Commodities.
This single classification ends over a decade of regulatory limbo that blocked institutional capital, suppressed ETF development, and left builders operating under const
BTC-0.93%
ETH-0.39%
SOL-0.13%
XRP-0.52%
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Luna_Star:
2026 GOGOGO 👊
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U.S. CRYPTO TAXONOMY SHOCK: 16 ASSETS CLEARED AS COMMODITIES
On March 17, 2026, a groundbreaking moment arrived for the crypto world as the SEC and CFTC jointly announced a new framework. This landmark guidance classifies $SOL $ADA $AVAX and 13 other cryptocurrencies as digital commodities, not securities.
For years, regulatory uncertainty loomed over the crypto landscape, often stifling innovation and investment. With this new clarity, the #CFTC will now take the helm in overseeing secondary markets, while the #SEC refocuses on initial coin offerings (ICOs).
In a significant shift, common p
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ADA-0.28%
AVAX-0.67%
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