SEC Chair Atkins defends CFTC’s Selig despite questions over agency’s ability to regulate prediction markets

Crypto Insight Summary: SEC Chair Paul Atkins came to the defense of CFTC Michael Selig as the derivatives agency digs in its heels on regulating prediction markets. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory discussion on prediction markets has minimal direct impact on crypto markets.