[Analysis: New CFTC Chairman Faces Dual Regulatory Challenges in Crypto and Prediction Markets] According to Bloomberg, Michael Selig, the newly appointed chairman of the U.S. Commodity Futures Trading Commission (CFTC), takes office at a critical time when the agency is facing the expansion of its regulatory authority over crypto assets and the rapid growth of prediction markets. Currently, over 90% of the trading volume on platforms like Kalshi comes from sports predictions, and the CFTC's stance on restricting prediction markets remains unclear. Selig has previously opposed restrictions on sports betting and will take on multiple challenges, including court litigation, personnel restructuring, and resource shortages within the regulatory agency. It is expected that the CFTC will increase its efforts to protect retail traders in the future and carefully evaluate policy approaches related to crypto and prediction markets.