CFTC Chair Shows Support for Kalshi, Monitoring Litigation Progress and Assessing Potential Response Measures

MarsBitNews

2026-03-18 04:14:27

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Mars Finance News: Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), posted on X to support prediction market Kalshi. He stated that Arizona Attorney General filed criminal charges related to a registered exchange with the CFTC involving prediction markets. This move essentially constitutes a jurisdictional dispute, and elevating it to criminal prosecution is “completely inappropriate.” The CFTC is closely monitoring the development of the case and assessing possible responses. Previously, Arizona Attorney General Kris Mayes filed criminal charges against Kalshi, accusing the prediction market platform of operating an unlicensed gambling business in violation of state law.

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