The CFTC is stepping up its defense of prediction markets amid growing state challenges.The Commodity Futures Trading Commission [CFTC] has moved to defend federal oversight of prediction markets. It filed a friend-of-the-court brief as state-level challenges intensify and tying the effort to what its chair described as a broader reset in U.S. crypto policy.In a video statement and follow-up posts on Tuesday, 17 February, CFTC Chair Mike Selig said the agency acted to protect its exclusive juris