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CFTC Chairman Backs Prediction Markets for Hedging and Information Value

2026-04-28 04:06:42

Abstract generation in progress

CFTC Chairman Rostin Behnam said prediction markets have measurable value for hedging, speculation, and information discovery. The CFTC said it wants to set the gold standard for regulating the sector. The remarks came as blockchain-based platforms like Polymarket expand and raise U.S. oversight questions.

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