The Newspan

Politics

As crypto and prediction markets expand, their regulator shrinks

Even as the agency is tasked with drawing up new rules for crypto and prediction markets, its staffing and enforcement actions have dropped precipitously during the second Trump administration.

The U.S. Capitol building at dusk
The U.S. Capitol in Washington.

Officials familiar with the discussions said negotiations continued through the evening, with several provisions still under review by committee staff.