President asserts CFTC’s sole authority is critical to industry growth and U.S. leadership in crypto regulation.
President Donald Trump stated that maintaining the CFTC’s exclusive oversight of prediction markets is critically important for the sector’s development. He emphasized that the U.S. is setting industry standards under his administration.
Trump also highlighted the crypto industry as a major economic sector, requiring protection and regulatory clarity. He described the current framework as the gold standard for states to follow, aiming to foster innovation and market growth.
The remarks reinforce the administration’s stance on limiting regulatory overlap in digital asset markets.