📢【Blockchain News】The Chairman of the U.S. CFTC made a strong statement, and the political prediction election contract caused another wave!

🌐 Rostin Behnam, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), recently stated at the Georgetown University Financial Market Quality Conference that the CFTC will continue to prove that Kalshi's political prediction election contracts are illegal and warn of the negative impact they may have. Behnam pointed out that the CFTC also plans to keep a close eye on the offshore prediction market.

⚖️ Last week, Jia M. Cobb, a judge in the U.S. District Court for the District of Columbia, ruled that the CFTC's move to prevent Kalshi from listing contracts related to the U.S. election was an act of overstepping its authority. In response, the CFTC quickly appealed and warned of the risks of election gambling.

🔍 Behnam emphasized: "We believe this situation is illegal. We will continue to advance the lawsuit." He also said that letting the CFTC oversee election contracts could have a negative impact, "I just don't think Congress or the public wants a financial federal regulator to oversee elections."

📈 Despite the market turmoil, Bitcoin has remained strong and has become a safe haven for investors. Continue to pay attention to global blockchain regulatory trends, industry trends, cryptocurrency news, and maintain rational investment! 🚀