President Donald Trump’s pick to lead the Commodity Futures Trading Commission (CFTC) Brian Quintenz Tuesday began the confirmation process, and during questioning addressed a key issue related to event contracts. He responded to tribal concerns about sports event contracts by arguing that Native American tribes are free to get CFTC approval and offer their own versions of these markets…
Quintenz was questioned by the United States Senate Committee on Agriculture, Nutrition, and Forestry. While many of the questions covered farm-related issues or cryptocurrency, senators also covered topics including his stance on prediction markets in general, the ability of those markets to offer sports betting, and Quintez’s own relationship with leading prediction exchange Kalshi.
