New CFTC Chair Declares ‘Golden Age’ for Crypto Regulation
Michael Selig, the newly confirmed Chair of the U.S. Commodity Futures Trading Commission (CFTC), has proclaimed a 'golden age' for American financial markets under his leadership. His 'Future-Proof' initiative aims to modernize decades-old regulations to accommodate blockchain, crypto, and AI-driven trading.
Pressure is mounting on Washington to clarify digital asset oversight. Selig's plan signals a pivotal shift, positioning the CFTC to adapt to evolving markets. 'We must serve the markets of the future,' he asserted in a public op-ed.