WuBlockchain
President Donald Trump posted on Truth Social that it is "critically important" for the CFTC to retain exclusive authority over prediction markets, pushing back against any effort to fragment oversight of the sector. He framed the agency's jurisdiction as foundational to letting the industry thrive.
Trump said his administration is actively establishing the "rules of the road" for crypto and prediction markets, describing the U.S. framework as the "Gold Standard for the States." The framing signals a deliberate effort to position American regulatory clarity as a competitive advantage globally.
On the broader crypto industry, Trump was direct: the U.S. must protect its development. Coming from a sitting president, the statement carries weight for institutional players watching whether Washington's pro-crypto posture translates into durable policy architecture.
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