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🔮 CFTC Chairman Michael Selig has supported the prediction platform Polymarket. He claims that prediction markets are a vital tool for debunking fake news.
At the same time, bets proved to be more accurate than traditional public polls during the 2024 US elections, he noted.
According to Selig, unlike casinos where players bet against the house, prediction markets provide real financial value through investor protection mechanisms like order books.
#POLYMARKET