US CFTC chair says agency prepared to oversee entire crypto market

U.S. Commodity Futures Trading Commission (CFTC) Chairman Michael Gillick stated that the agency is prepared to oversee the entire cryptocurrency market and is ready to take on that responsibility. According to Cointelegraph, Gillick made the comments to mark his 100th day in office. He also reiterated that the CFTC is the sole regulatory body with the authority to supervise prediction markets.