Mike Selig, the new chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced the withdrawal of the proposed event contract rules for prediction markets introduced in 2024. The draft had aimed to ban political event contracts and was described by Selig as an 'overreach of policy' by the previous administration. Selig also repealed related guidance issued in September 2025, stating it caused confusion in the industry and expressed plans to advance new rules that are more conducive to innovation. (CoinDesk) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56212