Trump's CFTC Head Slams Prediction Markets Resistance Under Predecessor

CoinDesk (nprofile…nhef)
✍️ The US Commodity Futures Trading Commission's (CFTC) acting chairman, Caroline Pham, plans to hold a roundtable meeting to discuss the regulation and oversight of prediction market platforms.
👉 Pham plans to hold a roundtable meeting to discuss the regulation and oversight of prediction market platforms
👉 The CFTC has been involved in a legal campaign against prediction market platforms such as Polymarket and Kalshi
👉 Pham criticized the agency's past approach, saying it has restricted its ability to pivot to common-sense regulation
👉 The CFTC needs to establish a holistic regulatory framework to foster thriving prediction markets and protect retail customers

#CarolinePham #RostinBehnam #DonaldTrump #politics

quoting nevent1q…x64a

CoinDesk (nprofile…nhef)

Caroline Pham, the agency's acting chairman, is scheduling an experts roundtable to reset the CFTC's course on this "sinkhole of legal uncertainty."
https://www.coindesk.com/policy/2025/02/05/trump-s-cftc-head-slams-prediction-markets-resistance-under-predecessor