As crypto and prediction markets expand, their regulator shrinks

OMEGAZEPRIME News
Published on October 8, 2026 • Originally reported by Luke Garrett. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
President Donald Trump shakes hands with Commodity Futures Trading Commission (CFTC) Chairman Michael Selig during a meeting with technology leaders in the Roosevelt Room of the White House, Wednesday, Aug. 19, 2026, in Washington.

Even as the agency is tasked with drawing up new rules for crypto and prediction markets, its staffing and enforcement actions have dropped precipitously during the second Trump administration.

(Image credit: Jacquelyn Martin)

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