Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
CoinDesk· Nikhilesh De· Jun 12, 2026 · 6:27 AM
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offering sports-related contracts.
This is a summary. Read the complete story at CoinDesk below.
Read full article at CoinDeskRelated Stories
cryptoabout 2 hours ago
Andrew Tate loses nearly $86,000 longing and shorting Bitcoin
Andrew Tate’s Hyperliquid wallet shows over $803,800 in all-time perps losses after repeated crypto WLFI liquidations.
Cointelegraph
cryptoabout 2 hours ago
Aave survived $8.45B in withdrawals, but risk questions remain
Aave handled $8.45 billion in withdrawals without freezing funds, but the episode raised fresh questions about hidden risks in DeFi lending.
Cointelegraph
cryptoabout 3 hours ago
Bitcoin taps $63K on Juneteenth as July Fed rate-hike odds near 40%
Bitcoin price action avoided volatility but failed to bounce from local lows after a hawkish Fed meeting and posturing over Strait of Hormuz control from Iran.
Cointelegraph