CFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperliquid Perps

CFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperliquid Perps

CFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperliquid Perps Price data byDecryptNewsLaw and OrderCFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperliquid PerpsSports and war prediction markets and crypto-backed perpetual futures came under fire during a House committee hearing Thursday.By Sander LutzEdited by Andrew HaywardApr 16, 2026Apr 16, 20264 min readCFTC Chairman Michael Selig. Image: U.S. Nuclear Regulatory Commission/DecryptCreate an account to save your articles.Add on GoogleAdd Decrypt as your preferred source to see more of our stories on Google.In brief Mike Selig faced bipartisan criticism in Congress over prediction markets and crypto platforms like Hyperliquid. Lawmakers raised concerns about insider trading, war-related betting markets, and whether these products resemble gambling. Both parties warned unregulated pla

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