At the U.S. Senate Banking Committee hearing, SEC Chairman Paul Atkins stated that prediction markets have become a 'major issue' of focus for current regulators. He mentioned that he is working with CFTC Chairman Michael Selig to address related areas. Atkins pointed out that this sector might involve overlapping jurisdiction between the SEC and CFTC. Currently, prediction markets mainly fall under the CFTC's regulatory scope, and the two agencies will continue coordinating efforts to advance regulatory work. (The Block) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=56684