{"id":605173,"date":"2026-05-27T03:52:47","date_gmt":"2026-05-27T03:52:47","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/05\/27\/trump-backs-cftc-authority-over-prediction-markets\/"},"modified":"2026-05-27T03:52:47","modified_gmt":"2026-05-27T03:52:47","slug":"trump-backs-cftc-authority-over-prediction-markets","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/05\/27\/trump-backs-cftc-authority-over-prediction-markets\/","title":{"rendered":"Trump backs CFTC authority over prediction markets"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS10cnVtcC1jZnRjLTEuanBn.jpg\" alt=\"Trump backs CFTC authority over prediction markets\" class=\"type:primaryImage\" \/><\/p>\n<p>US President Donald Trump says it is \u201ccritically important\u201d that the CFTC has sole authority over prediction markets, and took aim at several state officials.<\/p>\n<p>US President Donald Trump has backed the Commodity Futures Trading Commission as having the \u201cexclusive authority\u201d over prediction markets, as state regulators&#8217; action against the platforms mounts.<\/p>\n<p>\u201cIt is critically important that the CFTC\u2019s exclusive authority over Prediction Markets is maintained, and that they will thrive,\u201d Trump <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/116642964849373081\">posted<\/a> to his social media platform Truth Social on Tuesday.<\/p>\n<p>Trump also took aim at several officials whose states have launched legal action against prediction markets, including Kalshi, Polymarket, Crypto.com and Robinhood.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/trump-demands-cftc-maintains-authority-over-prediction-markets\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>US President Donald Trump says it is \u201ccritically important\u201d that the CFTC has sole authority over prediction markets, and took aim at several state officials. US President Donald Trump has backed the Commodity Futures Trading Commission as having the \u201cexclusive authority\u201d over prediction markets, as state regulators&#8217; action against the platforms mounts. \u201cIt is critically [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":605174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-605173","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/605173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=605173"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/605173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/605174"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=605173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=605173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=605173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}