CFTC Chair Mike Selig Faces Bipartisan Pushback on Prediction Markets, Hyperliquid Perps

In brief Mike Selig faced bipartisan criticism in Congress over prediction markets and crypto platforms like Hyperliquid. Lawmakers raised concerns about insider trading, war-related betting markets, and whether these products resemble gambling. Both parties warned unregulated platforms could pose risks to consumers and the broader economy. CFTC Chairman Mike Selig received pushback from both sides…

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South Korea’s Screen Industry Worth $16.4 Billion in 2025

South Korea‘s film, television and streaming sector contributed KRW24.08 trillion ($16.4 billion at current exchange rates) to the country’s GDP and underpinned 291,100 jobs in 2025, according to an independent economic study commissioned by the Motion Picture Association. The report – “Economic Contribution of the Audiovisual Industry in South Korea,” produced by Oxford Economics –…

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