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Trump reiterates vision to make US the Crypto Capital of World. Here is what experts say
President Donald Trump is defending the cryptocurrency and prediction market industries. He is opposing state-led efforts to restrict these sectors. Federal authorities and state governments are in a dispute over regulatory control. Trump's family has financial ties to these industries. The outcome will shape the future of prediction markets across the US.
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coindesk.com
Trump praises prediction markets, defends CFTC as court cases compound
U.S. President Donald Trump said it was "critically important" that the CFTC keep "exclusive authority" over prediction markets, echoing CFTC Chair Michael Selig.
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frontofficesports.com
Trump Decries Prediction-Market Detractors As ‘Scum’
“It is critically important that the CFTC’s exclusive authority over Prediction Markets is maintained, and that they will thrive,” the president posted on Truth Social.
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nbcnews.com
Trump pledges to protect the crypto industry and ensure prediction markets ‘thrive’
The president insisted that the federal government alone has the authority to regulate event-contract platforms. But a growing number of states disagree.
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washingtonexaminer.com
Trump supports CFTC in battle for authority to regulate prediction markets
The president’s comments come as the CFTC is engaged in multiple legal fights with states seeking to restrict prediction market platforms.
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news.bitcoin.com
Trump Defends Prediction Markets and Bitcoin in Truth Social Post Praising CFTC's Selig
Trump backs CFTC federal control over prediction markets, attacks state officials, and vows to keep the U.S. the world's top crypto hub.
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cointelegraph.com
Trump Defends CFTC Jurisdiction Over Prediction Markets
US President Donald Trump has backed the CFTC having “exclusive authority” over prediction markets amid mounting state action against the platforms.
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benzinga.com
Trump Says He's Setting The 'Rules Of The Road' When It Comes To Prediction Markets, Backs Exclusive CFTC
President Donald Trump backed the Commodity Futures Trading Commission’s exclusive authority over prediction markets on Tuesday, while also declaring the U.S.
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decrypt.co
Trump Backs CFTC Over Prediction Markets, Calls State Officials ‘Scum’ - Decrypt
Federal oversight gains the president’s backing as states push to bring prediction markets under their own gambling laws.
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zerohedge.com
Trump Backs CFTC Authority Over Prediction Markets
“We cannot have SCUM like Chris Christie, Letitia James, Tim Walz, and JB Pritzker setting the rules!”
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commondreams.org
'How the Corruption Works': Trump Boosts Prediction Markets as His Family Profits | Common Dreams
"Trump and his family are making tons of money off these new prediction markets—and so of course he is leading the charge against consumer protections," said one Democratic…
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theblock.co
TD Cowen says Trump's CFTC prediction markets post unlikely to change legal fight
The future of prediction markets will likely be decided by the Supreme Court, while states still appear to hold the advantage, TD Cowen said.
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White House starts review of CFTC's prediction markets rulemaking as Trump backs agency authority
The White House is reviewing proposed prediction market rules as President Trump throws his support behind the CFTC.
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Trump Says He'll 'Never Let Crypto Down,' Promises 'Future Proof' Market Structure: 'New Frontier Of Fina
President Donald Trump voiced his unwavering support for the cryptocurrency industry on Wednesday, stating that his administration is working to build a robust regulatory…
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economictimes.indiatimes.com
Trump reiterates vision to make US the Crypto Capital of World. Here is what experts say
President Donald Trump is defending the cryptocurrency and prediction market industries. He is opposing state-led efforts to restrict these sectors. Federal authorities and state…
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Trump Says He 'Saved' Crypto, But Did Bitcoin, Ethereum, XRP Actually Benefit?
President Trump on Wednesday posted on Truth Social that he saved the American crypto industry from Gary Gensler’s “Anti-Crypto Army,” declaring America is now the “Crypto Capital…
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Trump Claims he can ‘Future Proof’ Crypto Regulation with CLARITY Act
Donald Trump, behind a memecoin and tied to a family crypto company, took aim at “crypto haters” in a Wednesday social media post.