The CFTC and SEC in the U.S. are strengthening collaboration on the regulatory boundaries of the prediction market

According to FOX reporter Charles Gasparino, the U.S. CFTC and SEC are currently in agreement on the regulatory boundaries regarding prediction markets and recent unusual trading related to the Iran conflict.

Gasparino pointed out that although outsiders believe this area is solely governed by the CFTC, the SEC will deeply intervene when prediction contracts can legally be defined as "securities." He also revealed that, in addition to the cases previously announced, regulators may initiate more enforcement actions against prediction markets in the future.