[Coinbase CEO: Prediction Markets Should Be Regulated by the CFTC] Coinbase CEO Brian Armstrong stated in a post early this morning that prediction markets should be regulated by the U.S. Commodity Futures Trading Commission (CFTC). Any state government claiming otherwise is hindering Americans from using tools that help enhance their competitiveness. Last week, Coinbase filed lawsuits against Michigan, Illinois, and Connecticut regarding the regulation of prediction markets.