Wu Blockchain has learned that the U.S. Commodity Futures Trading Commission (CFTC) has submitted an amicus brief to the Massachusetts Supreme Judicial Court, asserting its exclusive regulatory authority over commodity derivatives markets, including prediction markets (event contracts). The CFTC claims that the Commodity Exchange Act preempts state laws. The CFTC also pointed out that some states are engaging in 'unlawful enforcement actions' against exchanges under its jurisdiction and has already obtained temporary restraining orders in states like Arizona. https://(wublock123.com)/news/cftc-asks-exclusive-regulatory-authority-over-prediction-markets-60077