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Trump backs CFTC's federal control over prediction markets, warns states against bans, links crypto leadership to US dominance.

Market News
26 May 2026
Bitcoin
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Bullish
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Former President Donald Trump publicly defended the Commodity Futures Trading Commission's (CFTC) exclusive federal authority over prediction markets, criticizing state-level efforts to restrict these platforms. He named several officials opposing federal control and called for maintaining U.S. leadership in both prediction markets and the broader crypto industry, including Bitcoin. Trump's statement supports CFTC Chairman Michael Selig's push to establish federal rules for prediction markets amid growing user interest and legal battles with states. This signals strong White House backing for federal regulation over state crackdowns, aiming to protect innovation and maintain the U.S. as a global crypto hub.

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

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Cardano smart contracts can now verify thousands of signatures on-chain cheaply using BLS12-381.

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