Trump backs CFTC federal control over prediction markets, attacks state officials, and vows to keep the U.S. the world's top crypto hub.

U.S. President Donald Trump said it was "critically important" that the CFTC keep "exclusive authority" over prediction markets, echoing CFTC Chair Michael Selig.

President Donald Trump is publicly backing his CFTC Chair Michael Selig in his push to have authority over prediction markets.