[Former CFTC Chairman: Prediction Market Regulatory Boundaries May Be Taken to the U.S. Supreme Court] According to a report by Crypto In America on September 29, former CFTC Chairman Rostin Behnam stated at a Georgetown University conference that with the explosive growth of prediction markets, Congress needs to clarify the boundary between 'risk management' and 'gambling.' Lawsuits surrounding sports contracts are sweeping across the United States, and the issue may ultimately be taken to the U.S. Supreme Court. Regarding crypto regulation following the Senate setback of the 'CLARITY Act,' he remarked that regulating the spot market with the CFTC's current authority is like using 'transparent tape and paper clips,' and regulatory agencies are now focusing more on enduring rules.