SEC Chairman: Market Volatility is a 'Significant Concern' for Regulators

BlockBeats News, February 13th: U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins told lawmakers on Thursday that the prediction market is a "huge issue" of concern for regulators. The field is rapidly evolving, and he and Commodity Futures Trading Commission (CFTC) Chairman Michael Selig are both very concerned about it. Over the past year, prediction markets including Kalshi and Polymarket have experienced explosive growth, especially after the 2024 U.S. election. How to regulate has become a focal point of debate between state and federal governments.