Sep 26, 2026
The CFTC issued a staff advisory stating that prediction market contracts settling on whether a named person says certain words should be presumed readily susceptible to manipulation, requiring exchanges to meet a higher regulatory bar.
CFTC Chairman Michael Selig announced the agency will move forward with crypto market structure regulations using existing authority if Congress fails to pass the Clarity Act. The directive came during the first meeting of the CFTC's Innovation Advisory Committee.
President Trump announced at a White House crypto meeting that CFTC Chair Michael Selig is working to bring the offshore perpetuals platform Hyperliquid into the US legally, sending the HYPE token up more than 20% and sparking debate over regulatory pathways for decentralized exchanges.
The CFTC and SEC issued a joint request for comment on clarifying definitions of 'swaps' and 'security-based swaps,' including for perpetual futures and event contracts, the same day CME Group announced plans to sue the CFTC over approval of perpetual futures for Kalshi and Coinbase.
The Commodity Futures Trading Commission opened public comment on proposed rules for prediction markets that would prohibit contracts dependent on war, assassination, or the ouster of foreign leaders, while also banning certain sports prop bets.
The Commodity Futures Trading Commission approved the first bitcoin perpetual futures contracts on U.S. regulated exchanges, with Kalshi and Coinbase Financial Markets receiving clearance to offer these products domestically. The landmark approval opens a product class that American traders have long accessed only through offshore platforms.
Crypto exchange Gemini obtained a DCO license from the CFTC, allowing it to act as an in-house clearinghouse for derivatives and prediction markets, positioning it to compete with Kalshi and Polymarket.
MoonPay has acquired crypto key management firm Sodot in a $100 million stock deal and launched a new institutional business division led by former CFTC Acting Chair Caroline Pham. The acquisition provides security infrastructure for MoonPay's expansion into serving banks, asset managers, and trading firms.
The U.S. Commodity Futures Trading Commission added New York to its string of lawsuits against states seeking to curtail prediction market activity, claiming federal jurisdiction over these markets versus state gaming regulation.
CFTC Chairman Michael Selig faced intense bipartisan questioning from House lawmakers over the agency's approach to prediction markets, sports betting contracts, and oversight of crypto derivatives platform Hyperliquid amid staffing concerns.