CFTC’s Selig Unveils Tailored Crypto Rules to Foster Innovation

Mike Selig, the newly appointed chairman of the U.S. Commodity Futures Trading Commission (CFTC), has launched a regulatory initiative aimed at future-proofing digital asset oversight. The MOVE signals a shift toward flexible frameworks designed to accommodate emerging financial technologies while maintaining market competitiveness.

In his first public remarks since taking office, Selig emphasized the need for adaptive rules that encourage innovation. "We will announce additional policy changes in the coming days," he stated via social media, hinting at a broader rulemaking campaign. The approach seeks to balance investor protection with the growth of crypto markets under clear guidelines.

The announcement follows growing industry calls for regulatory clarity. By prioritizing tailored solutions over one-size-fits-all mandates, the CFTC appears poised to address the unique challenges posed by assets like BTC, ETH, and SOL without stifling development.