⚖️ CFTC hearing exposes prediction market divide

A CFTC committee hearing on prediction markets turned tense as CME’s Terry Duffy and Kalshi’s Tarek Mansour Selig clashed over market structure and oversight, according to iGaming Business. The session was meant to help shape the regulator’s roadmap, but it instead highlighted how divided the sector remains. ⚡📊 Why it matters: prediction markets sit at the intersection of finance, regulation and betting. For iGaming stakeholders, the debate signals closer scrutiny ahead — and fresh questions over where these products fit in the wider wagering ecosystem. 🎯 🌐 Source: iGaming Business