CFTC Chair Mike Selig declared the US the “crypto capital of the world” today, signaling the agency’s continued push to modernize regulations for digital assets.
“There is no better place in the world 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 the regulatory shift, stating the CFTC is updating its rules “to ensure that the future of crypto and onchain finance is Made in America.”
The CFTC, the federal agency overseeing derivatives and commodities 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 a “Crypto Sprint” initiative in August 2025 and introduced spot crypto trading on designated contract markets in December 2025.
Selig has advocated for what he calls a “minimum effective dose of regulation” to promote innovation while maintaining oversight.
The CFTC chairman recently unveiled “Future-Proof,” a new initiative designed to modernize the agency’s regulatory framework for emerging markets, including digital assets, perpetual futures, and prediction markets.