CFTC Chairman Outlines Future Key Priorities: Establishing Crypto Rules and Ending Regulatory Conflicts with the U.S. SEC

Odaily News According to Mike Selig, the 16th Chairman of the U.S. CFTC, speaking at the FIAconnect Global Clearing Markets Conference in Florida, the United States is in the midst of a technological revolution driven by AI, blockchain, and prediction markets.

He pointed out that the CFTC's key priorities in the coming years include: establishing clear rules (including the classification of crypto perpetual contracts) to ensure the U.S. maintains its position as a global crypto hub; ending the jurisdictional disputes with the U.S. SEC and the practice of "regulation by enforcement"; setting standards for prediction markets; and promoting the U.S. as a leading market for AI computing power. Additionally, Selig emphasized refocusing the Commission on its core responsibilities, addressing legacy issues from the Dodd-Frank Act, and shifting focus from climate policy to core areas such as agriculture, energy, and critical minerals. He stated that it is essential to ensure innovators are not constrained by outdated regulations.