TheBlock
The White House has launched a formal review of the CFTC's rulemaking around prediction markets, a move that signals the Trump administration is taking an active interest in how the agency governs this fast-growing corner of financial markets. Trump has publicly backed the CFTC's authority in this space, adding political weight to the review.
Prediction markets — platforms where participants trade contracts tied to the outcome of political, economic, and other real-world events — have expanded rapidly and drawn regulatory scrutiny over whether they constitute gambling or legitimate financial instruments. The CFTC has been the primary federal body asserting jurisdiction.
A White House-level review could either accelerate or reshape the CFTC's existing rulemaking trajectory.
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