The US CFTC issues guidelines for the listing of prediction market contracts, emphasizing "clear rules"

PANews March 12th news, according to CNBC, Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated that the CFTC is issuing new guidance for prediction markets to help exchanges understand the agency's compliance expectations for new contract listings. Selig said that regulators will be responsible for providing "clear and transparent rules" for such assets, ensuring that prediction market contracts have a clear regulatory path before listing, and offering a predictable compliance framework for future market development.