News Explorer — Trump Pushes for Federal Regulation of Prediction Markets, Calls State Officials 'Scum'

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May 27, 12:16 pm

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Trump Pushes for Federal Regulation of Prediction Markets, Calls State Officials 'Scum'

U.S. President Donald Trump emphasized the importance of federal regulators maintaining control over prediction markets, opposing state gambling laws and denouncing state officials as "scum." He highlighted the need for the CFTC's exclusive authority to oversee this sector, linking it to the broader effort to retain crypto activity in the U.S.

U.S. President Donald Trump emphasized the importance of federal regulators maintaining control over prediction markets, opposing state gambling laws and denouncing state officials as "scum." He highlighted the need for the CFTC's exclusive authority to oversee this sector, linking it to the broader effort to retain crypto activity in the U.S.

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