[Coinbase CEO: Prediction Markets Should Fall Under U.S. CFTC Regulation] BlockBeats reported on December 22 that Coinbase CEO Brian Armstrong stated on social media, 'Prediction markets fall under the regulatory scope of the U.S. Commodity Futures Trading Commission (CFTC). Any state claiming that prediction markets are not under CFTC jurisdiction is preventing Americans from using tools that help them gain an edge and improve their circumstances.'