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Trump: CFTC Has Exclusive Jurisdiction Over Prediction Markets, U.S. Must Maintain Its Status as the World's Cryptocurrency Capital
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BlockBeats News, May 27th – President Trump stated that maintaining the Commodity Futures Trading Commission (CFTC)'s exclusive jurisdiction over the prediction markets is crucial, and these markets must thrive. Under my leadership, we are creating a "roadmap," which will serve as the gold standard for all states. Other countries are eyeing this new type of financial market, and the United States aims to remain at the forefront. Equally important, we are currently the global hub for cryptocurrency (Bitcoin, etc.), with other countries striving to replace our position in this field, but we will not allow this to happen. This is a vital industry, and we must protect it. CFTC Chairman Mike Selig is highly respected by everyone, and he is doing an outstanding job.

Source: BlockBeats

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