U.S. President Donald Trump called it critically important for the CFTC to retain exclusive authority over prediction markets in a Truth Social post late Tuesday afternoon.
Trump wrote that his administration is setting the gold standard for rules on the platforms and criticized state officials including Chris Christie, Letitia James, Tim Walz and J.B. Pritzker for trying to regulate them instead. He said other countries are pursuing the sector and the United States must stay ahead, while also referencing his pledge to make the country the crypto capital of the world.
