CFTC Chairman Mike Selig today declared the United States the “crypto asset of the world” and signaled that the CFTC continues to push for regulatory modernization of digital assets.
“There’s no better place to build than the crypto capital of the world,” Selig said via the CFTC’s official X account.
Selig credited President Trump’s leadership for regulatory reform and said the CFTC is updating its rules “to ensure the future of cryptocurrencies and on-chain finance is made in America.”
The CFTC, the federal agency that oversees derivatives and commodity markets, has expanded its focus on digital assets under the Trump administration. He was nominated in October 2025 and confirmed in early 2026.
The agency launched the “Crypto Sprint” initiative in August 2025, and introduced spot cryptocurrency trading in designated contract markets in December 2025.
Selig advocates what he calls a “minimum effective amount of regulation” to encourage innovation while maintaining oversight.
The CFTC Chairman recently announced Future-Proof, a new initiative aimed at modernizing the CFTC regulatory framework for emerging markets, including digital assets, perpetual futures, and prediction markets.
